I've had a craftsman compressor 33 gallon, 1.6 hp 150 psi model like this one:
http://www.sears.com/shc/s/p_10153_12605_00916762000P?
keyword=air+compressor
I've had it for at least 5-6 years w/o problems. It is noisy and takes awhile to fill up, but really helps out on tough projects, i.e. like removing axle nuts torqued to 340 ft lbs!, etc. however, if you're looking to just fill tires primarily and light power tool use, you probably don't need something like this.