My theory is this, If it is something that will make you happy, then value can not truly be measured by retail price alone. After all...I won't hesitate to buy something for $20.00, hold it in my hands, and marvel at how beautiful it is, chop the end off of it, and burn that mother down to ashes.. leaving me with only fond memories, and a worthless piece of printed, embossed paper!

I have read good things about Lotus lighters. as for warranty... if it's gonna break, it probably will within a year.