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I paid $16k for my bike. Personally, I'm not willing to hook up a $35 Chinese knock-off that's potentially damaging and dangerous to my bike. It's simply not worth it to me. Everybody has different risk tolerance levels though.
I paid $2.8k for my bike, (6,000 trouble free miles in a bit over a year). I'm not willing to pay $400 plus to do basic maintenance and troubleshooting, so yeah price value is different for different folks.
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