I voted "to each their own". I look at cigars and price kind of like athletes. An athlete is worth what another man is willing to pay him. Same for cigars. If your favorite stogie is $15 then it's worth the price (to you). I'll try any cigar a couple times and if I don't enjoy it than it's not worth what it's going for IMO.
Personally, I'd rather have a Padron '64, Opus, Party Short etc. it's all a matter of taste vs cost, hence, "to each their own".