There are cheap broadheads like Allen that are junk. Then there are heads like the Magnus Stinger and the Original Muzzy's that spin well, are tough but not indestructible and then there are heads like Iron Will and Valkyrie that are worth the money for the hunt of a lifetime but IMO too expensive for the typical whitetail hunter.
I use both the Magnus and Muzzy. IMO the original Muzzy 3 and 4 blade heads at $35 a six pack is the greatest value in archery. I have killed about 150 deer with a bow and about 1/2 have been killed with the Muzzy. They are durable, fly well and perform well for me. Are they the best head made? The answer is no but they cover all the bases for my standard whitetail hunts. I don't worry if I bend a ferrule after passing through a deer or losing it because I couldn't find my arrow after a shot.
I use a standard .246 arrow because I want a standard insert and ease of adjustment with insert weights to fine tune FOC that isn't available in many smaller diameter arrows and have never felt handicapped in any way. I took up the recurve the end of November and was able to take a doe during winter bow. With all of the deer I have killed in my life this is the first I have ever shot squarely into the scapula. I was pleasantly surprised that my 43# ILF bow shooting 535 grain GT Hunters tipped by a 100 grain Muzzy 3 Blade original head, 120 grain insert and 4 fletch feathers blew through the near side shoulder blade and stopped against the far shoulder. I had a blood trail that a blind man could follow and the deer died on the run about 100 yards away. I literally couldn't ask for any better performance!
My dozen shafts were $80, Heads $35, feathers $25, inserts 17 for a total of $157 which works out to just over $12 a complete hunting arrow.