Thank you. I had the same thought of buying bitcoins and passing on mining all together.  The chance of turning a profit seems to be based around the price of bitcoins skyrocketing but then why wouldn't you just buy some and sit on them. Same end result. 

Hello

I'm new to the bitcoin scene and have been looking to buy some more substantial hardware then the usb block erupter I have.

Does anyone think the  AsicMiner Cube is a good investment at <1BTC or should I wait for some of the 2nd gen hardware that will be appearing in March?

I ran through some of the online calculators and it looks like I could at least break even before March but I'm wary of their accuracy.

 
 I have made 0.02BTC with my block erupter and online calcs show I should have made more.

Any advice from experienced miners would be welcome.