I still cannot justify getting a 50-60 dollar cutter when if this one happens to break, I can just go to my B&M and get another one for a buck.
I'm not sure where you are pulling the $50-$60 figure from but a Palio can be puchased for just a bit more than half that. Also, by your logic you will never smoke any premium cigar since you can always get one for a buck or two.