I've had a Brompton for about 6 weeks on a 'try before you buy' scheme. It's a really horrible bike to ride. The steering is squirrely and it makes the bike unstable. You can't take a hand off the handlebars to signal because it'll start to wiggle and you'll lose balance. It's not the small wheels that cause this because I've got two other small wheeled bikes and neither of them suffer from that problem.
On the flipside, being able to swing the back wheel underneath and the fact that it stands up by itself when you get on a train is a major selling point and so handy that it puts me in a position where I really want a bike that does that, but I could never live with the way it rides. It's simply dangerous.
Bromptons are about £700 and up. They don't have any direct competition from what I can work out.
I've also had a Universal 20" folding shopper which is nearly identical to a folding Raleigh Twenty. It just folds in half. It's cumbersome and quite heavy but rides perfectly compared to the Brompton. The Dahon folders appear to share the same geometry so will also ride well.
I recently cut the Universal up and remade it into this:
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http://www.jonny69.co.uk/uploads/bikes/shopper/IMG_6134.JPG[/img]