I know it pbbly doesn't meet the budget requirments, and maybe I'm just gloating a bit here, but I just built my dream shop and it's all in-floor radiant heating. It cannot be beat - please don't argue with me on that. I heat a 600 sqft shop, a 720sq ft garage and the basement under the 600 sqft shop with a 40 gallon water heater running propane.
No blower, no smell, no noise, no dust blowing around and unless I'm handling heavy stuff, I can kick off my shoes, even last week when it was -15F.
We installed all the hoses ourselves and spent 3 evenings hooking up the brains of the system with the help of a friend. Most all parts came from the local home-improvement shop.
You should give serious consideration to covering up any cement floor. I don't care if you use the cheapest (which will actually be the costliest in the long run) heater. You'll just be draining the heat thru the cement floor and the wear on your legs and knees will be much reduced. I had a big shop with cement floor and big wood furnace and I just wouldn't spend evening time during the week out there because it took too long to heat up. With all the heavy steel in the equipment and the big cement slab, it was hard to get really warm out there. Now I spend 3 hours minimum every night in my shop.
Anyway - this pbbly doesn't help but thought I'd share my ideas.
jb