.
The joke is on the folks who think that someone who plays a cheap knock-off, isn't really a 'player'.
Sometimes that is very much the case. Robert Fripp is very much a "players player" and until rather recently, you saw him with a Tokai Les Paul copy. I think that says a lot.
There is also something to be said about more costly instruments as well. My second bass, a cheaper Aria, I still own. Well, it is cheap! I have a nice old Aria too but you cannot really compare the two. One thing that really makes the cheaper one so evidently cheap is the sadles. The metal is too soft and so the strings grind into it and wear major grooves in it. The result is poor intonation and string breakage. I have had to file them way more than on any other bass just to keep it playable. I pretty much never play that bass any more but keep it for sentimental reasons. It has active electronics and when I turn them on with certain gear I get this really weird feedbacky type squeel. I think the body is a good piece of wood so soon I am going to put a replacement neck on, a new bridge and some new electronics.
The point being there really are some reasons for low prices. But, as somebody pointed out a few posts ago the stuff these days has more bang for the buck. I wish I was twenty years younger so that as a teenager I would have what they have now for the same $.