I've currently got a Falcon Reactive which I bought last year. It may not be the fastest bike, or the lightest, or sexiest - and I'm sure quite a few people would regard it as a BSO - but I really like going out on it. It's got a couple of quirks and the odd thing needs repairing or adjusting from time to time, but what bike doesn't? It does me just fine.
If other people want to look down their nose at it or me, that's up to them. I don't particularly want to have anything to do with snobs and elitists anyway.
I used to have an Apollo bike from
Halfords before this, and got a lot of mileage out of that too.
I'm considering getting a road bike soon. I'd keep my Falcon for commuting purposes and going to the shops, and keep the road bike for longer excursions.