Value test: McDonald's Angus burger vs. BK Steakhouse burger

McDonald's has launched a new line of Angus steak sandwiches which it hopes will strike the American public as a real value. This begs the question, what is value? And how well does McDonald's hit its mark?

Luckily, I live in an area where the Angus Burger has been test marketed, so I've had a chance to try them a few times. Here's the deal: McDonald's Angus Burger: 590 calories; beef patty, bun, American cheese, tomato, mayo dressing, red onions, pickles, lettuce, mustard. $3.99 in my area.

By comparison, a Quarter Pounder with cheese (a Royale with cheese in Europe) has 510 calories, a Big Mac 540.