There's a lot of wisdom in Paul's post. I do have a few of Woodpecker's tools and am happy that I have them. The quality and workmanship is very evident. I had a friend chidding me when I got into astronomy and imaging. I have a 12.5" RC professional grade telescope and dedicated CCD camera fro imaging and neither cost was "reasonable" for most people. Well astronomy and imaging isn't for most people but the chide was actually funny when I turned the subject to his saltwater aquarium and his love of playing golf. But that was of course different. I was amazed how much he had invested in the saltwater aquarium even before he added the coral and fish. And you can't/wouldn't want to eat the fish if it died. Well maybe you could but that's on you. For most it's the flush. And don't get me started what people spend to play golf and then drink beer afterwards. So I guess it really is a personal thing and one that is unique to each person. Evidently there are enough people who feel it is worthwhile or these companies would not be in business regardless how great their product is.
That said, some who have that skill to be able to create excellent flawless work with the bare minimum tools are to be envied. Most of us need a bit more help and quality tools is very beneficial. I never thought I would be buying Festool tools but have acquired both a refurbished track saw which I absolutely love and a new Domino 500 which was acquired using my PayPal account and special 24 month no interest payments. I have no issue using other people's money free to acquire something I want. Otherwise I probably would have made a few monthly payments costing me even more. The kicker with the Domino is that spending that much opens a huge amount of joinery that would have taken me a much longer time to learn to do by hand but it comes with only one of the five cutters and no tenons. So yes, I'll buy what I see the real value in for me and there will always be someone who just won't get it and that's OK.
It reminds me of a Rikon bandsaw ad I saw at one of the retail stores. They list the bandsaw and then all the upgrades. Am I buying the right tool if I need to consider upgrades then or soon after? I have nothing against Rikon but why not have entry level and then fully equipped models. You bought a model then the upgrades so now you have parts no longer being used and inferior? Not the best spending option is it? Of course the whole thing really boils down to if you're deriving an income from your efforts or it's a hobby. Then the picture is different altogether. A business has tax advantages and costs passed onto the buyer so it becomes a bit easier to justify. For the rest of us it becomes more a question of disposable income. It's a lot like my study on hand planes. I like the idea of learning the art of using hand tools but I'm not about to let loose of my jointer, planner, table saw, band saw, and so on but I can go the hybrid shop route and that offers a bit of everything. Hand planes for those boards I can't run on my 8" jointer or 13" planner, or for highly figured woods. Even sanding has problems with that sometimes but buying high quality hand planes isn't cheap. There's Veritas which are made in China but have very high quality control, Lie-Nielsen made in Maine, and Clifton made in Sheffield, England. They all come highly recommended but are expensive $$$$. $350 for a jointer plane seems to be about the norm as well as the smoothing planes. Again, justified? Only you can say for yourself. If bought and used properly, cared for properly, you'll have a heirloom to pass on and would last a lifetime. Of course that would mean more to me if I wasn't starting that search now at 65
Maybe yard sales and estate sales would be a good place to start looking for those old cherished Stanley planes as long as you feel confident to restore them and get needed parts.
Just saying. If it makes your life easier, is more safe, does a better job, you can afford or justify it, doesn't cost you any peace with your better half, doesn't take away from other obligations ( I think you may be sensing a theme here) go for it. If for a moment you feel you may have regret afterwards, hold off a bit and see how much it tugs at you. If it would just end up sitting on a shelf proudly displayed and seldom if ever used.....well that's another story.