I would speculate the vast majority of people who have played with a pink ball have done so in midweek T20 where the ball used will be dirt cheap. The number of cups/leagues who have turned down a slightly more expensive but far superior pink ball in favour of saving a few quid is astounding. Especially when they then moan that the ball supplied isn't producing good cricket, too hard, swings loads, then like a flash goes incredibly soft. Well, yeah, just like most cheap red balls.
A decent pink ball is very comparable to its red counterparts. And a proper waxed pink ball that is pink all the way through the leather just like a red ball is identical. Most pinks aren't waxed, they are painted and/or finished with a thick lacquer or almost rubberised finish, you can't shine them in the conventional manner and as soon as you remove the top layer of colour they are grey underneath.