For any premium product there will always be supporters and there will always be haters.
The supporters will fall into 3 categories: fans, converts, and guilt-praisers. The fans will love it no matter how good or bad the product is...similar to car brand fans. The converts will have found out that the product is far superior to their expectations and love it because of that impression. The guilt-praisers will hate the product but talk it up since they own one, don't want to look bad, and can't get their money back out of it.
The haters will fall into 3 categories as well: trend-buckers, stiffed lovers, and reverse-snobs. The trend-buckers will hate anything popular or beloved as they don't want to be one of those clowns that likes said item/trend. They want to remain uncool as that makes them cool. That is often what I am accused of being since I dislike the music of the Beatles. The stiffed lovers had a bad experience with the product and want to tell the world how terrible it is...P&C anybody? The reverse snobs are offended that anybody would dare spend the money on something so patently useless and will berate anyone who believes it may be worth the money (car analogy again anybody?).
It really comes down to what you, the buyer, wants. I have often found that paying that bit extra for quality will yield a more pleasing result for me. I have paid over $100 for a shirt which still looks good 15 years later whereas the Walmart special $15 shirts have invariably worn to a point my employers request I change them in less than a year. Another example is this, I have found that paying for my Audi and keeping up with the maintenance has made for a more enjoyable experience over the last 10 years than the previous 10 with my Saturn (no dig on Saturn, just different build quality and price to go with it). I have been told over those 10 years that I made a horrible choice, spent too much, and wasted my money...those opinions were just that though. It's all personal preference. Those others could have afforded the same car but chose a different path and good for them. I have chosen the cheap path with some things I buy too and don't regret it one bit.
If you can afford it without causing undue financial difficulty and want a particular item, go for it. The worst case scenario is that you don't like the item and take a bath on resale. If you can stomach that possible result, go ahead and buy it. If you can't, consider another option that works for you.
I have bought cheap pipes, pricier factory pipes, and some artisan pipes. Almost invariably for me (3 notable exceptions out of over 100 pipes) I have found that the artisan pipe or high end factory pipe smoked significantly better for me that the cheap ones. In one case, I have a Ryan Alden pipe that is amazing but only performs well with English/Balkan blends and it performs so well with those that I am disappointed when I smoke them in another pipe. However, if I feed that pipe a Virginia or Burley it will smoke significantly worse...I don't know why but it does. So, for me the upcharge was worth it even though I have to keep blend in mind with that pipe. Why do I still have and smoke cheaper pipes though? the wind here can routinely be over 30mph sustained and is usually at lease 10-15mph on a regular day. I don't want the nicer ones burned out by an errant round of gusty winds.
Last though. I am on several forums and another one is a bass forum. There are many who will not spend more than $250 on their instruments while others will spend $10,000 and up. Both sides believe they are superior with only a few willing to admit that the others have their legitimate reasons for liking what they like and that nobody is inherently inferior because they play the other type of instrument.
The moral of the story? Smoke what you like. If you are the happiest with an estate cob you dug out of your backyard, that's great. If you are happiest with an artisan pipe that costs more than most of our cars, that's great too. The only way to find out if it works for you though is..............try it.