Not necessarily. I now will only rarely spend more than $20 on a knife and then not likely over $30.
Yeah, it really is different for everybody. I've handled a Sebenza, carried it for a brief spell, and frankly...it didn't impress me. Yes, it was well made, but the differences between it and a good $200 ZT or Spyderco were pretty negligible, and not anything that will make a lick of difference to me in the real world. Combine that with it's bland appearance and a handle material I don't care for, and, well, you could call me today, offer me a custom Sebenza of my choice, or a $200 Spyderco Karahawk, with the caveat that I had to keep it, and I wouldn't even hesitate, I'd take the Spyderco. There are some nice customs out there, but I haven't seen many midtechs I'd want even if they were free, much less having to pay $400+ for them.