Just upgraded to these from my ancient Ritcheys (finally got the excuse to upgrade when I killed one on Sunday, thank god). Wow--really nice pedal! The XE is identical to the '04 XS (both were on the shelf at Performance), and it appears to differ from the '05 XS only in the absence of a tension adjustment (is that really even a useful option? It seems like the spring tension only comes into play for clipping in--you'd need to either be a gorilla or clueless to have exit issues with this design.)
Anyway, after riding on it today, I could not be any happier with the way this pedal performs, and the price seems very good (especially if you have multiple bikes and thus have to buy more than one set when changing cleat/pedal designs).
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Thread: Time ATAC XE $60 @ Performance