The nearest I can get in this debate, is that over here we're very limited on what's available (if you forget about Border + 1 or 2 noteable excetions)
I got to experience nothing but $200 bows when I first got into Trad archery & I was happy enough with all of them & couldn't understand why someone would spend much more for a simple stick. Until I shot one. The difference was utterly, utterly amazing & I suddenly understood how & why folks could justify the extra cost. To me the whole shooting experience was changed, everything just felt 'better'
I think that the bottm line (for me at least) is that a bow is worth whatever you are willing to pay for your own happiness & satisfaction. If you are not prepared to pay out for a hig end bow, please, please don't try one. It may just change your mind! :D