When my horse broke my nice dressage bridle like right before a show, I snatched up the cheapest thing I could find, to get me through the show, then I figured I'd buy a high end one later after that.
I bought the Suffolk one. It actually surprised me. It's definitely nowhere near, super high quality leather, but it's workable, and I've seen worse. It's really quite soft from the start. That happened about two years ago, and I still have and use it. I've only really oiled it up once, and it's pretty flexible and nice.
The cheek pieces feel like cardboard, wrapped in leather like stuff. And it's sort of peeling off now. That's the only non-leather issue I have with it, is just the cheek pieces. Otherwise, it all seems to be fair decent leather. :)
I have a Crown as my hunter schooling bridle, and it's dropped to about $85 now I think. (It was about $110 when I bought it) I really love it. I got it last Christmas, and with regular conditioning, it looks and feels in line with some more expensive bridles. Plus, I love the padding on it.
Because I'm a Smartpak addict, I would suggest a bridle from their line, the Plymouth bridle. I've never seen or used it, but I trust Smartpak's line. Might want to check it out, while it's on sale now. :)