I used to think like that, until I actually tried them. Models and brands in the premium range can still be hit and miss, but I've found Conti Sport Contacts and Uniroyal Rainsport 2s (which are getting in to the premium price bracket) to be better all round. Grip, feel, wear rate, and a really noticeable difference in ride quality. The better wear rate over Falkens or Kuhmos means you're not actually paying more, but you get a better quality tyre. Long term, I will never go back to those mid range brands. This is all from my first hand experience, and I've tried Falken 912s and FK452s, and Kumho KU31, and Cooper RS6.
With regards to ride quality I found 205/45 Sport Contacts to be a smoother ride to Falken 205/50. Anyone with coilovers and especially lowering springs I recommend you try the Sport Contacts or Rainsport 2s. If you don't have them then buying for the wear rate alone is worth it.
The winter Michelins I have I used for about 6,000 miles and likewise, better ride quality, even noticeable on a 195/55, and amazing wear rates. I was using the winters all the way up to June and they still look brand new.