Everything is on the money except we have two kids (almost 4 and 1... July 7and July 6:smirk:
Awesome - congrats man!
What it comes down to is what will make your wife happy within your budget. Try to get a bike that will fit with the type of riding you do. In our case, a TXC or a TE would've been better. But like I said, we found her TC for a steal, she rode it, felt comfortable on it, and that was that. If you find the right deal you can have some $$ leftover for a little 50 for your kids:thumbsup: Let me know what she decides and how it goes. Good luck man!