B&H Photo Video offers the Benro Digital Aluminum Tripod, model no. T800EX, for $29.95 with free shipping. That's the lowest total price we could find by $20, although we saw it for $7 less a week ago. It features a 3-way pan / tilt head, plastic flip locks, three leg sections, and mid-level spreader.
Of note, a version with four leg sections, model no. T880EX, is available for $34.95, another price low by $20.