It depends on the 'archer'
It often depends on the type of hunter making the purchase. Is it a 3D competitor and a bow only hunter? Is a lot of money, relatively, available for one of the top bows available. Are you "athletic" enough to shoot, a less expensive bow, accurately for hunting purposes.
I could have bought more expensive bows, but I still consider myself a "a part-time archer." I would shoot often but I never scheduled X number of practice weeks for archery. There would be weeks in the year, I would watch the compound bow sit idle.
I bought the bow I would get value for and recover the cost in a good time. A bow that would shoot accurately, and meet my needs.
And I have no problem with others buying more advanced and more expensive technology. I'll be happy to just wait three and five years to enjoy it.