The Brainwavz HM5 has been around for a while, but its rugged design and good all-around performance still make it one of the most recommended sub-$150 closed-back circum-aural headphones around. The design is far from basic and even features user-replaceable cables. Priced at just $129.50, you still get a long and short cable, a 1/8" to 1/4" adapter, and a set of spare pads. It even comes in a handy carrying case.