I pick a little myself. I'd hardly consider myself a "banjoist", but I like to play around a little. There are some really nice ones out there for pretty decent prices. I recommend the Gibsons/Epiphones, mostly because they're very widely available, and the Epi's are well within most people's instrument budget. Plus, Gibson/Epiphone has always treated me pretty well. That said, I'm playing on a crappy "Harmony" 5-string banjo that my dad bought at Grandpa Pigeon's for like $50 in the late 60's. Interestingly, it actually sounds pretty good!
i'm a sick one though... I'm a classical guitarist, so I like to play Bach, Carcassi, Sor, etc. on the banjo for kicks, lol.