"The Plug" by Koss will always be my favorite. I need some more actually, to go with my SKELETON BOOTS *hint hint* @ Derick >_>
I don't know that I would say the bass response is exaggerated, but it's pretty damn good as well as overall clarity of the music. Basically they have an earplug on them, you squish it and stick it in your ear just like you would an earplug. They come with different size plugs, and if they wear out, guess what....you don't even need to worry about buying exact replacements for them, you can just stick conventional earlplugs on them and off you go.
I guess the main draw they went for is that they're supposed to block out noise, which they do, as much as an ear plug would...but I just like them for the quality of sound that comes out of them,
and they stay snug, so the sound stays consistent.
Modern? I dunno...I got my first pair in 2001, at which time they WERE $20. Now I see them on Amazon going for a measly $12. I seriously doubt you can get anything better for 12 bucks haha.
Ok that's my story, here's a pic:
They come different colors.