"More" money on the reel didn't necessarily mean more than the rod or a mid to high end baitcaster. More often then not, an inexpensive baitcaster will let you down before a rod does. And some mentioned saving fractions of an ounce on a better rod, all those savings and a few more ounces would be found on a low end reel.
Quality is quality but more money on a rod doesn't mean more durable just on the face of it and not all the higher end rods have unlimited, lifetime warranties. It's actually very inexpensive to make a durable, almost indestructible rod (we all know the brands).
I use some pretty good equipment now and still have most of my tackle when I didn't spend nearly as much and I've never broken anything, ever (just jinxed myself now, I know). If someone is the type that is prone to breaking things then a solid unlimited warranty would be something to consider.