But this isn't a discussion of needs, so whether you need any knife over $50 is irrelevant. This is purely a discussion of what you get vs. what you pay. Emerson just offers less knife for $250 than WE/ZT/Benchmade/Spyderco/etc. If you like the brand and you like their designs then that's fine, but ask yourself these questions honestly: could Benchmade make an Emerson design better than Emerson for the money? Conversely, could Emerson make a Benchmade design better than Benchmade for the money? I think the answers are "absolutely" and "absolutely not", respectively. Just about any halfway decent OEM could make an Emerson design that doesn't have sticky/slipping liners locks, 40 grit belt finishes on the liners, misshapen Nylatron washers, a detent that works, parts not matching up, and build quality that isn't suspect, and they could do it for less than $250. I genuinely can't think of any other mainstream knife company that is so disparate on what you get vs. what you pay, and it looks like I'm not alone in that thinking.
As for warranty, even Microtech will service your knife hassle-free nowadays with quick turnaround time (my last couple knives were there and back in like 2-3 weeks). Benchmade and ZT will replace your blades for $30 or so, when Emerson wants to charge me $150 for a super CQC-7 blade. From what I can tell, they lose on warranty, too.