I had a 1997 Specialized S-Works Team Edition M2 (very rare, bought it off a sponsored rider), with the Specialized Carbon Fibre legged Rockshox Judys. Man that was a bike! Mine had a pretty top notch spec too, XTR brakes, XTR hubs, Thomson post, Azonic bars, Ceramic Mavic rims, Flite Saddle, SRAM 9.0 mech and shifters. Only the LX cranks let the side down really!
Thing is it still held its own when I sold it back in 2003, the only reason I sold it was that I had become used to using Disc brakes and as I couldn't fit one to the M2, it went… Wish I hadn't sold it now!