There were some quite nice mirror lenses around way back when they were popular. The advantages were that they were compact and lightweight for their focal length, and uncomplicated too. The drawbacks were the slow maximum aperture (usually f/8) which cannot be adjusted, no autofocus, and a rather strange donut effect, which some like, and others don't.
When buying one remember that there are different ways of construction so make sure you do some research as to how good they are before buying. Canon & Nikon both offered reflex lenses so I don't think it's reasonable to suggest that only Minolta/Sony are 'any good'. There were also offerings by Sigma Tamron & Tokina, I found these sites which you might find useful:
http://www.mirrorlenses.co.uk/ml_lenses.php
http://www.photozone.de/mirror-lenses
If it comes to a choice between a long lens and nothing then almost anything is better than nothing, but remember that lenses such as the Sigma 50 - 500mm can be bought second user for not much more money than some of the better mirrors, so be very choosy and do all the homework before you part with your money.
I do have a question for Jeff though, although I have quite a few L lenses there is no way I can justify the cost of the longer ones, which I don't use very often anyway. I've had the 400mm f/2.8 on the camera, but it costs £6300 the 500mm f/4 £5K the 600mm f/4 £7K. You can't seriously be suggesting that someone considering buying a lens for £250 - £300 should instead be considering one of these?