Originally Posted by
wocketpatch
It seems like I'd be better off with some low quality hubs in new condition, than some good quality hubs that have been around the block a few million times. Thoughts on this?
Nope. If hubs are close to properly adjusted, as good ones are likely to be, they can last practically forever.
You should be able to feel if the races are smooth; with QR hubs you should expect maybe a tiny bit of play if they're adjusted right. If they're a little bit tight they may still be good too, if they're not very old - that's a fluid-feeling notchiness rather than gritty.
Best value: second-hand upper-tier Shimano. Forged, proper bearings you can adjust and easily replace.