Ah yes, everyone's least favorite topic. Finding a bicycle saddle that is comfortable as well as functional has never been easy (or cheap) and one that doesn't put pressure/vibration/impact where it doesn't belong is even harder.
Most saddles widely available in bike shops, department stores, et. al. are either the super-narrow prostate guillotine variety (6" wide or less, no channel, no cutout) or the super-wide couch designed for 'comfort cruisers'. Problem with the latter being that they're not nearly as comfortable as they look and don't really take the pressure away from the sensitive areas. they just distribute it over a larger area (= your ass).
I currently use a Specialized saddle (logo no longer legible) with a channel and rear cutout, producing a sort of 'swallow tail' appearance, which works ok but is getting on in years and a Nashbar cheapie with a channel that was actually pretty good for the price (~ $ 15), both with the nose kinda pointed down, which does lead to a little more hand numbness, but I'd rather have numb hands than numb something else.
I also have an old ABS Dual Action, which is probably the most prostate-friendly bike seat I've ever used, but it does have a STEEP learning curve and is weird-looking contraption, almost like something out of a Steampunk game or movie.
I've been looking at the Moonsaddle, the Spongy Wonder and a few others and wanted to get some feedback from you guys on what works for you.