I like twinfans view of the high end of PRS (I think the existance of the SE range shows where the money really is)
Since the 90s, (perhaps even the mid 80s) you have not had to look so hard to find something that you could call good.
A friend that played on the White Stripes album Elephant used his 2nd hand SG copy made by Vintage, not a guitar to letch after but it did the job.
Even Fender caught on that there where price / quality disparity issues (which is more than gibson have ever managed). Fender, Ibanez, ESP, Gretch and PRS all do less expensive ranges, that are damn close to their 'premium models.
So why not stick to cheap ones, well pick up an 'cheap' model and play it, then pick up a mid range model. The vast majority of the time you will want the mid range.
Then pick up the high end one, and the reaction is usally, yeah it's better, but not enough to justify the cost. (Or in the case of certain companys you decide the cheap version is superior to the expensive one)
This leads to the question why buy an expensive model ?
Well sometimes it's becasue a suitable budget model dosnt exist (as in the case of my Rickenbacker 12 string).
Sometimes almost as good as, isn't enough, once you taste the real thing it's hard to go back.
Other times it's simply becasue you want to own something you have strived or waited for.
However it is sad that people buy badly built expensive guitars becasue they have a particular name on the headstock :(
Rob...
/rant on
BTW think about this :
I'm in the silly situation of wanting a quality Gibson DC Jr type guitar. I want a straight foreward but quality guitar, but the prices are stupid. It's dumb that I can buy a US built strat with 'name' pickups or a Les Paul for less. And thats without looking at tokai or other far east makes
Not to just go Gibson bashing the Nik Huber Jr models are perhaps an even greater case in point
http://www.nikhuber-guitars.de/2006_junior_intro.htm. Even Hamer charge a fortune for such a basic guitar (about 1400 quid)
/rant off