Thanks Michael, I'll try and help out here.
As Michael said, your best bet is to pay a sound guy/gal to help you out, but a budget of $200 (or less) is way slim for someone like me. I wouldn't do it and I'm sure any other real, professional sound mixer would either for that little bit of money.
But even if you went with 2, H1s with lav mics you are still going to spend more than $200. At $99 each for the H1's that leaves you $2 for a pair of lav mics and SD cards. Ain't going to happen. See where I'm going with this? Sound is everything, especially in an interview. In this case the voice is more important than the image. If your voice can not be hear properly why would anyone watch your bobbin' head? Ain't going to happen. So maybe you'll want to open your wallet a bit wider.
Phil I know you are a talented photographer so think of audio like this, do you think you could get the shots you need by spending only $200 for a lenses? Probably not. I can't do my job by buying crap audio gear. For what you want to do, $200 isn't going to cut it. Your 7D has, unfortunately, Auto Gain Control (AGC) that can not be defeated. So recording the audio to the camera isn't something you'll want to do. You are going to need a separate recorder, but do leave the on board mic running to help with syncing the two different audio recordings latter. Do a hand clap before the actual interview.
So if you really only have $200 to spend on audio I would say get the best recorder you can afford (Zoom H4n will cost you about $285 for a new one or about $175 for a used H4 or like I said earlier $99 for a H1)And then set it between you and the interviewer. You'll have to sit fairly closer to each other so that the recorder can hear both the questions and the answer equally. The best solution would be to have the recorder suspended above and in the middle of both of you. I would use a carbon fiber boom pole, but that'll cost you more than 5x your budget. Do you have a boom that you use for your strobes to hang a back light? Rig your recorder to the end of the boom and then hang it above your frame line and in between the two people. Basically have the mic heads aiming at both people's mounths. It should work pretty good. Not the best of solutions, but I bet it actually works better than some cheap pair of crappy eBay mics wired to two H1's and it'll keep you in your budget or just over.
Just make sure there isn't a lot of ambient noise while you do your interview. Also, roll sound first and then the camera, but make sure you do both.
Someone mentioned a Rode on camera mic, don't bother if both people need to be heard equally. Mics like that aren't the right tool for this job. the person it would be aimed at might be heard OK, but the person who is facing away from the camera isn't going to be heard very well at all.