TinMan

What are you all using for an air dryer on your compressors. I picked up a HF 60 gallon, 3.5hp air compressor on craigs list. It was almost new and dirt cheap. It works great and can keep up with all my air tools, DA, grinder, gravity feed spray gun, and the like. When using them full on it will run a lot, but keeps up. However it makes a lot of water. The HF filter, oiler does nothing for the amount of water it makes. I know there are some real good refridgerated dryers out. But they would be far more than I paid for the compressor. Is there a good water sep out for a reasonable price. And/or are any of you using the desicant filled filters?