Some good points made by all. At the end of the day, if a tool you have bought does the job that you want, as good as you want, then it can't be bad. Fair points made that if we all bought top of the range in everything we would all end up bankrupt. Most people find that they can do with bargain tools that don't get used too often, then spend a bit more on the more regularly used stuff. I use my table saw and planer thicknesser well, but I also have a random orbital sander that only cost £25, a ferm palm sander £12, and they are exceptionally good value. If they last a year each they will have been worth it.
The main point to be made is that as long as the individual enjoys their woodwork, at whatever level, then who can say they are right or wrong with their choices.