I'm a big gear nut. But I'm also a big believer in the law of diminishing returns.
Is a $500 rod better than my $150 rods? Absolutely. Is it $350 better? Eh, not to me.
Is my $140 reel better than that $30 Walmart reel? Yeah, and it'll last a good 10 years of service, and has a great warranty. The extra expense is worth the quality, without spending more than I should for features I don't need.