So you're saying there's little to no difference from a well drink vs a 20 year aged scotch? Just marketing? There's nothing snobbish about that, it's just common sense that a $20 bottle isn't going to be as good as a $150 bottle.

I agree with your sentiment that it becomes mostly a status thing to pay for a $1000 bottle or 10,000 bottle. After you get much over $100-200 there is a law of diminishing returns.