I've been pretty happy with the norton ceramics in terms of value. I'm hoping the Blaze belts are even better. For actual metal removal, just hogging out the bevels and a profile, the 36 grit zircs from klingspor are another that go a long way for the money.
I've found that the gator belts are not economical as material removers, they wear well but remove material slowly for their grit. On the other hand, if you just want to work your way through the grits giving the steel a nice finish they are great. They do THAT quickly and cleanly and last quite a while doing it. I love the gators, but I don't do anything but refine what I already ground out with the zirc and ceramic belts.
In general I found that the cheaper belts were a waste of time and money, but I can see where Mr. Fowler's coming from, with that kind of deal on a coarse belt you don't need to get much work from it before tossing it, so despite not lasting long they're still a good value. Outside that kind of situation, aluminum oxide belts for anything but handles or very specific tasks always seem to be a waste for me. These days the only ones I use are the 309J belts for cleaning plunge lines and other tight radius situations.