First of all, I highly recommend Leica Geovid 10x42 Laser Rangefinder if you have the budget. It's the one I am using currently now (and I am pretty satisfied at it's performance).
Before this, I owned several pairs of binoculars that are well above $100, mostly below $500 though. Frankly, they do a good job in terms of optical performance and user experience. (If you are to get a binocular, try to check out the optical performance by looking at lens coating (ideally, should be fully-multi coated to maximize the amount of light reaching the lens), types of lens and prism used, condition of binocular (should be waterproof and fogproof) and also the design. There are many aspects to consider and if by any chance you are interested in learning more, you should definitely check out this buying guide by Epic Wilderness.
Anyway, I decided to try something better instead. Initially, I was kind of reluctant to go for Leica Geovid because it's extremely expensive (at $3150 when I bought it at that time). Besides, most of my friends told me that it's not wise to invest in binoculars that are above $1000 because there isn't any big differences as compared to the ones I had at that time.
However, I really liked the in-built rangefinder as it's pretty cool and convenient. I am glad I give it a try because it's definitely a winner for me. The quality of Leica Geovid's product is the best in my opinion, although some may argue that Swarovski's range is better in terms of optical performance.
And yeah, kidoggy, I really agree with you that there are some really low quality models within the range. However, some of it's higher range model can be really economical for beginners. Of course, if you already know what you are looking for, I would say go for other brands since Bushnell is better suited for newbies.
P.S: This is just my two cents coins. Please correct me if I am wrong