Interesting thread and I've got to say that if I were buying rods today I would be buying in the, "cheap" range because at 73 and retired, I still have a 17 and 12 year old to get through college. Besides, I do have a number of high end rods that I continue to use and I can attest to a better casting experience with them than with some of my cheaper rods. However, all of my rods (and reels)were purchased on sale or closeouts prior to the "boom" in flyfishing. When I started in 1948 and pretty much through the 70's, tackle and materials were relativey inexpensive. For example, in 1970 I purchased an Orvis, "Midge" rod (bamboo 7 1/2' 5wt) and an Orvis Batenkill, 8' 6wt, at $90.00 (for both rods) during a closeout at a well know firearms store near Rochester NY. During the same time frame I picked up 2 Leonards (Tournament and Duracane)for cheap money at another store failure and a third Leonard at a TU banquet auction.So, in the main, I suppose the purchases would be eBay "like" in cost.
Although I have and enjoy the bamboo, the rods I use most today are 5 Loomis graphite rods that I built in 1981. I was contemplating buying a shop on the East Branch and Loomis had a package of 5 blanks for $17 each as a promotional package. I chose a 3,4,5,6,7, all 9' except the 3 which is 8 1/2' (it is really a lovely rod). Each rod built out cost less than $30. If I were in the market for a new rod today there is no question that a blank is the route I would take. Many people who have rods with the latest graphite technology cast these rods and without exception they are amazed the feel of these older rods.
So my advise is to look at discontinued blanks from manufacturers or dealers and I know that you can build a top end rod for less than Cabela's, Bass Pro, whomever. Besides, like catching a trout/fish on your own tie, the same feeling carries over to a rod that you built.
I'm sorry for the length and stuff on the bamboos. I intended for this note to focus on getting a top quality rod for little money and since most here take pride in their tying, it seems logical to take the next step and build your rod. It's easy and there is a huge amount of info available today to help you through the process.