Shadow Masters Deck by Ellusionist
I searched and researched for a while before deciding on this trailer. We live two blocks from the bike trail, so I really wanted one. The really expensive ones looked okay, but most of them only got four stars. The padded seat seemed to be the only thing the spendy ones had that the cheapy ones didn't. Then I saw this one. It has almost everything the more expensive ones had, including the padded seat, but was much more affordable! It's a Schwinn, so I trusted the name, and it's really nice-looking. People stare and ask about it almost every time we're out and about.
I will say our toddler had to get used to it (and wearing a helmet, but that wasn't negotiable), but now that he has gotten used to both, he loves going for bike rides. Especially when there's a picnic involved, and the storage compartment in back allows us to bring along food, a blanket, and, I think, a dog... just kidding... Dad actually put the dog in the seat with the toddler...
Anyway, we love this trailer and highly recommend it. Especially if your budget's under $200!