You sound just like the adults he was talking about.
edit: seems that moissanite (silicon carbide, perhaps unsurprisingly) is another diamond-like (though hexagonal crystals vs. cubic for diamond or CZ) gemstone that is actually harder than sapphire and less prone to fracture than diamond.
If we're talking about 'quality', CZ just doesn't compare for longevity. That said, unless you're talking about a daily-wearing-for-many-years piece of jewelry (i.e., an engagement ring), CZ is just fine for most folks, especially considering the cost difference.