The MRF's cost around 2700rs for front and 3800 for the rear, while the michelin (radials) cost around 4200rs & 6000rs respectively.
Remember michelin also has non radial tires in the 140 size and these are much cheaper than the radials.
Don't be fooled by the price of mrf, it's a very good tire (one drawback being it could be puncture prone if ridden on bad roads, the michelin on the other hand seems more puncture resistant)
I own a d200, and had used the stock mrf rear(i.e. mrf revz c) for around 14k km (had to discard the tire due to a huge unrepairable puncture.. the 4th puncture). I replaced it with a michelin 150/60 pilot street radial an year ago, and to date have clocked 11000km on it without a single puncture and the tire life seems to be pretty good (definitely will last a bit longer than the soft mrf's). I'd say go for the michelin if you tour a lot (like i do), i found the ride comfort a bit better and as i said earlier, very puncture 'proof'

Grip wise i feel the mrf is stickier.
I am shortly going to change the front, and will go for the mrf fc1 or the mrf fc(older one) -- one of THE best front tire in the 110/70 size !!
One of the reasons for the higher prices for the michelin radials is that they are imported. The non radial ones (i.e. michelin pilot sport iirc) are locally manufactured (by tvs iirc) and cost much lesser.. and this is available in 140/70 and not in 150/60.






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