Some low cost stuff definitely have more lemons. And those lemons often show in early use. So, if you find a good one that works, they can be great with fairly long life.
Good for hobbyists like me that don't rely on them for a living. If I miss a few hours of hobby woodworking because of the gen set, I wouldn't cry. But if I was a professional, charging by the hour, I would run honda, makita, huskies, and all the pro stuff just to avoid any downtime as much as possible. Going back and forth to the store or shop for repairs or warranty is more expensive than buying the best tools (for the pro, that is)
You know, total probablility of downtime with 10 machines with 10% or 1% chance of failure: 74% risk resp 10% risk of a failure that day or week. Really good stuff "always" work, like 0,1% risk which is 1% total risk of failure in your machine park of 10 machines.
Hobbyists look for value, professionals look for uptime and easy service.