questionswhat is the best inexpensive universal remote?

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Do you need it to control a cable box or satellite receiver? (that can make the remotes more expensive)

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My universal remote is my Dish Network remote and while I have a separate remote for my 360, I don't really need it. I can't really say which is best, but you ought to be able to find one around $20 easily.
http://www.amazon.com/Philips-SRU5107-27-Universal-Control/dp/B0026L7B8K/
http://www.amazon.com/SMK-Link-X-Link-Universal-Control-VP3701/dp/B003SVURT2/
http://www.amazon.com/Universal-Remote-Control-GAMER/dp/B000MFLQR4
I'm not sure how to check to see if they'll work for your exact devices. Make sure you buy from a place like Amazon so you can send them back if they don't work with your specific device.

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I bought this one recently at Target. We have a mid-price-range Harmony for our living room, but I wanted a less expensive option for another part of the house. I have not tried it personally, but the word on the Interwebs is that you can program this one to work with your Xbox360.

http://www.amazon.com/URC-R6-Learning-Remote-Control/dp/B0016BUKJS/ref=sr_1_19?s=electronics&ie=UTF8&qid=1323704903&sr=1-19

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IMHO, cheap remotes are all the same. Get the cheapest, but yet durable one. And maybe opt for one that takes AAs. Unfortunately, most remotes in the sub $20 range won't touch your 360.

I have a $300 Harmony RF remote (880?). It's a piece of you know what.

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I like the Sony RM-VL600 Remote:
http://www.amazon.com/Sony-RM-VL600-8-Device-Universal-Learning/dp/B000F7JCRA

Bought my most recent one earlier this year for $20 at Sears. On my second one in 10 years, because the buttons did start to fail. It's a good button layout, no stupid LCD screen, and has a learning function for any IR device. When you replace the batteries, the learned functions are not lost.

While it has built-in codes for a number of brands, I just manually programmed every single button for every device. Took 20 minutes and totally worth it to make sure every button you want is available.

I have my A/V receiver, TV, Blu-Ray Player, MythTV HTPC Computer, and IR outlet switch (for a lamp) all on this remote. It has a great range (> 20 feet).

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Get Harmony One quality for $25

acoustic research xsight 15-device universal remote

Google it. I got 2 on Woot. deals.woot sells it regularly. Very respected company/product in Europe