Generally you get what you pay for. Better strings, machined (not cast) riser, better limbs, bearings (not bushings), etc.
Agree!
That being said, I know a guy that still kills a doe or two with a compound he bought 25 years ago.
We all probably know a few folks who do great with outdated equipment.
And finally, why do I buy the best? Because I can.
I love it!

Same here!