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I have an ageing Ridley Helium SLA that I refuse to sell, because it has a wonderful ride quality and handles beautifully. The seatstays are as thin as I have ever seen on a metal bike (apart from English). It cost me £400 (admittedly ~4 years back) and iirc it's 1300g painted with a derailleur hanger. I really should revive it at some point!
I have, however, ridden more than 1 alloy bike that made me think I was going to lose a filling at some point during the ride.
So my 0.02 would be that not all alloy bikes ride the same. I haven't ridden a Peg (of any material) but I would be surprised if it was a boneshaker, given their rep and focus on ride quality.
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