My new bike is a Trek 2.1. It'll be 15 years ago this November from when I last did some major road biking (the El Tour de Tucson, a 111-mile circumnavigation of our fair city). That was on a heavy, all-aluminum Raleigh road bike. The 2.1 is a serious step up.
First I rode Trek's "entry level" road bike, the 1.5, which has Shimano Sora shifters, where the 2.1 has Shimano's Tiagra brand. The Sora has little thumb down-shifters, while the Tiagra has it all smoothly integrated in one component. The rear derailler in the 2.1 is the Shimano 105; another step up. It also has a little bit more carbon composite so your forks, seat post, and seat stays are carbon. All together it seemed worth the $150 premium over the 1.5 and I'm elated with it so far. My longest ride so far was ~16 miles (a round trip out to the base of Mt. Lemmon). It's so incredibly light-weight, yet powerful... I am honestly not fit enough yet to really go all-out on this bike!
The compact style of cranks is a nice innovation, though I wasn't sold on it (marking me immediately as a complete newbie to road racing) initially till I calculated that it actually had a broader range of gear ratios, though shifted slightly towards the higher (racing) end. The front cranks have gears with 50 and 34 teeth, e.g. it's a double instead of a triple. The rear cassette has 9 gears ranging from 11 to 27 teeth. So you have less total gears (and hence less weight), but distributed more evenly with less near-duplicates. If I upgraded to the Shimano 105 on the front, I'd have 53 and 39 and hence a 6% faster top speed (53 ÷ 50). But let me tell you... I am not ready for that! On a ride down from Saguaro East (low rolling hills, no steep descents), I could barely drop it into the highest gear (53/11) and I was freaking f-l-y-i-n-g!
It is a joy to ride this bike. It's also more shock absorbent than anything I have ever rode (the carbon, no doubt).
I ended up buying from Trek Bikes of Tucson. Though Broadway Bikes is only a mile or two from my house (and also a Trek dealer), they don't stock the 2.1, though they can have it shipped within 4-7 business days. Their price was $50 lower, but across town at the other dealer, they were willing to match it. On ebay the auctions go very close to the price I paid (with sales tax included) when you factor in shipping so it seems it was a very good deal. I'm having a blast riding it and will hopefully be in good enough shape to do some events this fall!
The next step is going to be to get some real clipless pedals and shoes, which will be new to me as well.