Anyone recommend good air filter regulator for my compressor

[rumpelstiltskin]

Just bought a new SIP T3 150 litre air compressor,seemingly (i didn't know this)they tend to spew out water and a little oil through the airline,anyone recommend one good filter/regulator(but not too expensive!)that will do the job?Been told all the ones around the £20-30 mark are mickey mouse ones,or have you found different?Maybe pay up to around the 50,60 squid mark.Any help appreciated,thanks!

[grahambell]

Have a word with PHer Patrick Weightman (aka dontlift) of Tools N Stuff (www.toolsnstuff.co.uk)