I considered something like this, but on the basis of comments in another thread, opted to get a pair of One On track hubs (£35 inc p&p for both), which I'll get built up with a pair of Mavic Open Sport rims (£21.99 each). With the build it will come to a bit more than these, but hopefully should be better quality. That said, I'm no expert.
don't forget spokes, and rims tape (or cheap electric tape will do), and if you can build it, spare a tenner for a bloke here to do it for you.