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Yep - that is a good summary and in line with my previous comment on how exactly do you go about and quantify the 'better' dimension versus the extra amount you have to spend to obtain that extra degree of 'better'.
A few other factors however to also keep in mind are consistency in the purchased product (i.e. quality control etc), extent and most importantly 'bona fides' of the warranty that comes with the product and re-sale value.
As a real life allegory two months ago I purchased a pair of no-name brand sneakers from Big W for an amazing $15! They were fantastic for exactly 3 weeks but now the soles have collapsed and the cheap plastic inside cuts into my foot and they are generally falling apart. I purchased a pair of Addidas sneakers 9 years ago for $240. I don't go jogging in them everyday and realistically wear them on average once every 2 weeks or so. Naturally, after 9 years they show some wear and are a little dirty with age but they are still very good and in better general condition than my $15 pair of sneakers.
Last edited by Profiler; 24-03-2013 at 04:02 PM.
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