Quite a few WAHMs use something like this:
http://www.walmart.com/catalog/produ...uct_id=1723621
ETA: It gets really good reviews on patterreview.com, and Joanns.com
I recently got a serger for my b-day and was looking at buying this one. However, I lucked out and found a used one in EC for about 1/2 the cost (including shipping), so I used the other $$ in my budget for thread, fabric, etc
