I'd definitely want to pay on quality on some stuff, the problem is that it is very hard to spot that quality and not just product being more expensive because of a bunch of features I don't need, or just plainly on brand name.
The other problem is that niche high quality stuff also would not benefit from economies of scale as much, and at some point buying 4 of the cheap might get you thru longer than one of the "reliable" one
The top-end electronics are maybe a bad example as (at least till now, it seems to slow down at last) the performance is also a big factor, so buying $700 laptop you will want to replace anyway in few years is sensible over "will never break" $4000 one that will just go out of date.
But on like, just about everything else ? Reliability and repairability please, I will pay extra.