I'm a Makita whore.
I have tried lots of cheapo tools over the years and none have been any good surprisingly.
Depends on your definition of good. I've found a fair few that have been good at doing the job, they've just died quicker than a far more expensive equiv model. For stuff you're using every day then yeah sure, pay for the quality up front. If it's something you're gonna use on a couple of jobs a year max, then cheap can be the way to go.
Obviously some cheapo tools are just utter cack, but there are gems to be had.
Looks like the makita then, I was swinging that way anyway
Need to be a decent tool, used more or less every day. Ripping down timbers etc