Thanks so much everyone for sharing your opinions and expereince.
I am veering towards the Mountain Buggy - Urban Elite (although I will use it for jogging I prefer not to have a fixed wheel esp. for manoeuvering around shops!)
Here is my summary of the pros and cons (taken from your comments and also product review sites). Some do contradict each other! Apologies for this essay but figured may be helpful for other mums to be deciding !
PROS:
*Better for one child
*Easier to push and navigate round shops
*Durable
*excellent on trails, gravel or sidewalks *Manoeuvrable on rough terrain
*Double great for two kids
*Dependable and durable
*fully reclining seat, which makes it appropriate for newborns
*Its swivelling front wheel makes for easier manoeuvring, and the wheel can be locked for better off-road stability. big chunky wheels make it easy going on rougher terrain and is easy to use on grass/sand or gravelly/rocky areas as well as the day to day streets/malls etc.
*ton of storage space
*Quick release wheels
*5-point safety harness keeps baby safe and secure
*Rear wheel suspension for a smoother ride on any surface
*Hard wearing canvas fabric – water repellent and durable
*Sun hood with viewing window so you and your little one can interact while you’re on the move
*Safe and easy two-step fold
*Easily adjustable straps/buckles etc
*Easy to fold down, easy to get up and really easy to use
*The adjustable handle and drink holder are very thoughtful.
CONS
*The reclining straps are difficult to adjust, particularly when baby is in the pram. The buckles get sticky
*Price
*Inconvenient to travel with because of its size the airlines insist you pick up from baggage claim, which means carrying baby through large meandering airports.
*The back wheels seem to always catch in doorways as it is wide between wheels
*Heavy - Large and bulky - difficult to manoeuvre in buses and other tight spaces
*Cannot fold with one hand
*Not compact when folded down & takes up the majority of your boot space
*cannot convert to a 2 seater
*Storm & Sun covers are expensive & come as optional extras.
*Doesn’t have the option of turning to face you unless you buy a completely different pram as extra which is expensive
*If the seat is reclined, it is difficult to get to the shopping basket, but also space is compromised with the seat as it sits low into the basket.
Rather than show my list of Pros and Cons for Phil and Teds a link which really put me off is :
http://www.productreview.com.au/showitem.php?item_id=63999
So , unless i change my mind I am off to google to search for the cheapest place to buy a Mountain Buggy Urban Elite!!