Again I was searching the MTBR forums late at night with a cold beer in my hand. I stumbled across a post asking a good bike under $800. The author actually labeled it as the “Best Bike Under $800″ which is hard to say because the best bike is different for each rider.
My winner for a great mountain bike under $800 -
2008 Gary Fisher Piranha
SRAM drivetrain, Shimano hydraulic brakes, Rock Shox Tora fork, and a good wheelset. It is available in two different colors, bright green and matte white.