It's all relative. If you can afford it, why not?
Where I work, I was speaking to a Customer Service Advisor (on a CSA type wage) who wears a £1000 watch. I wear a £4 one. Does the same job.
I think a bat is there for performance and show. At the end of the day, why pay £250 when you can get one half that price?
His watch cost more than my car! (Dunno if that tells you more about him or me really)
With bats (like anything else I suppose) things are only worth what you're willing to pay for them.
Have I spent over £200 on a bat - yes
Would I spend that much again - probably not but never say never
Would I even consider a £400 bat - I'd book myself in for psychiatric help
Is my £10 watch too cheap - no, £1000 on a watch is mental in my option
And finally, do I need a more expensive car - probably but mine does the job (for now)
all these statements were true at the time I posted, if I win the lottery or something this is subject to change