I'm using the Phillips AT750, it can be used wet or dry. But I always use it wet with gillette gel cos it's smoother and has less irritation. Main reason why I switched to electric is cos I get cut very often when using razor blades and was sick and tired of the bleeding.
Retail price is $89, I got it from mustafa at only $55. Been using it daily for almost a year now, and still going strong. Highly recommended for the price!