When you buy a $10.00 knife, you get a $10.00 knife.
Not necessarily. If that were true it would be the same all the way up the price spectrum.
There are a bunch of guys whipping out $200 to $300 knives that are less than desirable. As there are guys whipping out $150 to $250 knives that are pure gems.
A spyderco and Benchmade are pretty equal in price yet the Spyderco's are a much nice knife comparatively.
Another thing to take into account is do you want to put a high dollar knife through that type of abuse? I use to commercial fish in SE Alaska, I believe it was 1995 I was Trolling off the northwest side of Three Hump in some pretty sporty conditions. I had a beautiful Phill Wilson Fillet knife that ended up overboard. I would have much rather have lost my commercial grade Dexter Fillet Knife. Losing that knife still haunts me to this day. I have a lot of Phill's knives but that was my first.
Don't let a price fool you into how good or bad it is.