I saw China made flashlights with fantastic bodies but bad electronics, with excellent electronics but flimsy casing. With bad everything but with very desirable side features/accessories... All for under $20.
How much would those lights be if you combined all of the above, good electronics, good casing and good side features? I doubt it would be $20 or less.
In the end it is your money, spend it on the product you like. I have no problem spending $50 or even $100+ on a tool that works repeatedly in the environments and conditions I need them to work in.