I pretty much agree with the others, but I would point out if you intend to race any sanctioned events make sure you get BRCA legal kit. For instance the Turnigy Lipos are not approved by the BRCA so you can't run them at BRCA sanctioned events, Gens Ace cells are about the same price as Turnigy and are approved, I run Vapextech cells and they've been as good as anything out there.
I think some of the difference between so called budget brands and more expensive ones is the back up more than anything, and even then I have heard of premium brands giving shocking after sales care. I run Viper speedos and ok more expensive than some but cheaper than a HW V3.1 and also comes with a years guarantee, and there's not much better than that.
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