I do own a tripod. it was $20 with one of those online bargains. I would like to upgrade it because its klunky, and still large even when its minimized.
from my limited research, this one looks perfect http://www.indurogear.com/products_details_C013.html#specs
i am definitely looking for carbon weight, and small size when minimized that can be quickly assembled.
Is this one the right choice?
The camera i am using is D7000 with a kit lens, and the budget i am trying to fit close to is $200
UPDATE
after some more research, i am adding Silk Pro to my list
http://writtenbythelight.blogspot.com/2010/08/have-i-found-worlds-lightest-full-size.html
UPDATE
i am zeroing in on this one http://www.amazon.com/Induro-AKB1-Tripod-Kit-Black/dp/B002SXMROY/ref=sr_1_2?ie=UTF8&qid=1338054055&sr=8-2
it's very light 3.5lbs, collapses to 26" and extends to 62" (a tad short for me but pretty close), and i would probably get the one w/out ballhead, and get a separate ballhead that also does panoramic rotation.
i suppose this is the competing model from Manfrotto. It goes up to 70" which is nice because im tall, but it looks bulkier.