And very very few people could tell the difference between Pappy and Buffalo Trace in a blind taste test
I've bought some high priced liquors before and while my friends have been able to denote special things about them I just can't seem to; so, since I usually drink for a buzz anyway I've just settled on buying a 1.75L of 190 proof Everclear and water it down to 3L since it's essentially a more economic exchange anyway.
Silver linings...I guess.
My sense of smell is undamaged; I can taste some differences but a $75 bottle is not necessarily "better" than a $25 bottle to my taste. So I usually just buy the cheaper stuff.
As for me, the highest I will go neat is 46%, and that's only for certain scotches.