When it comes to the mechanics of the pipes, an inexpensive pipe that is well made and drilled properly will only likely differ in aesthetics with an expensive counterpart. The biggest differences that will occur take place in that grey space between the ears and in the heart—intangible things like history, sentimental value, pride of ownership—qualities that are immeasurable and might make the super expensive pipe be considered (dare I say?) priceless; those qualities might also apply in the reverse: a cheap, beater pipe that a relative smoked might be far more meaningful than a rare, one-of-a-kind, limited edition, unobtanium pipe, and give a more satisfying smoke because of that. Sometimes, less is more, sometimes, more is more.