I guess "cheap" is relative, but certainly above $100 I don't spend the dough without consulting my better half about the state of finances.

Furthermore, the premise that obtaining any gadget and thereby securing "peace of mind." which sounds to me very much like "complacency." is highly questionable.

True peace of mind results from the true knowledge that one is trained and equipped to deal with the obstacles out there. Especially important is obtaining the skill sets and knowledge because, unlike PLBs and other objects, they cannot be left behind or misplaced.

The first reliance should be on one's self and the group, rather than on outside assistance. Not that there is anything wrong about calling for help when appropriate, but take care of yourself first.

I am a bit if a Luddite, probably because I have been romping around in the hills and valleys for more than sixty years, taking care of myself and frequently others, without a PLB. $244 will buy a good climbing rope, which frequently will be just what the doctor ordered (as well as other gadgets too numerous to mention).