Admittedly, this is highly subjective and I can only offer my own personal opinion based on my own personal experiences, but my answer is... usually, yes! While I have been lucky to find the occasional cheaper pipe that smokes well, I have found a great many more that didn't. I strongly disagree that the difference declines over $100, or even $200, with a few rare exceptions. I started, this time around, with 3 Guardesana HIS Italy pipes ($40) then progressed to Peterson, Savinelli, Invicta, and Stanwell pipes ($100-$250). The difference was very noticeable. However, there were still unacceptable (To me) deficiencies in that range, with the exception of Stanwell (I still like Stanwell pipes). Savinellis Balsa garbage made me swear off of them forever. The current production ones, anyway. Peterson's lack of quality control (poor drilling, dip staining, bubbling finish) has me avoiding them like the plague! I decided it was time to "pony up" and try a higher priced, and, hopefully better quality, pipe. Enter Castello, Caminetto, Ascorti, Mark Tinsky, Jesse Jones, Craig Cooper, and Regina Scarlatta. Wow! What a difference! Spot-on drilling, great Briar, comfortable bits, smooth airways, quality finishes, etc.! Do I LIKE spending more money for pipes? Of course not! Is it worth every penny for the pleasure and lack of issues? Absolutely! Again just my own 2 pennies from my own limited experience. To each their own.