Thank you everyone for your input so far.
Some of the responses remind me of a car show I was attending in 2016. I am standing in front of a beautiful Aston Martin Vanquish while truly admiring a formidable machine. A man, typical Minnesotan who seems to think price is never a determining factor when it comes to quality, decides to become a sidler (Seinfeld reference for those born after the 90s).
The Sidler's first comment?
"Of course, you don't get what ya pay for..."
Then he rambles on about how he could build a kit car that could kick this Aston's butt for a quarter of the cost.
I let him finish and walked away thinking... this guy just doesn't get it.
At the end of the day, you don't put a Ferrari V12 in the body of a VW Golf and call it a day. That is more commonly known as Epic Failure.
When it comes to guitars, I have some fine Warmoths that I will swear to my grave are some of the best six-strings I have ever played. None of them cost more than $2000 individually, all parts included.
If somebody decides to drop $5k plus on a custom Gibson, believe it or not, it is probably not a waste of money. If people choose to buy a guitar from Gibson, then be happy that a business was able to establish such a stellar reputation in the industry. Gibson gets a lot of hate for their $1500 and under guitars, but I think most of it is just the attitude of consumers who like to convince themselves it is not worth it to buy one. Such is life in the sea of choices.