If people are willing to pay it, great for them. I, for one, would love to own a merino jersey, but I'm not willing to pay market price for them, so I don't own one. Same goes for a lot of bicycle stuff, which is why my vintage frames sport names like Tektro, Tange Levin, and Microshift on the components. In this case, the Phil option sounds better to me, but I lack the cash/desire to spend it for either, so who am I to judge?
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Bikes: 1996 Eddy Merckx Titanium EX, 1989/90 Colnago Super(issimo?) Piu(?), 1990 Concorde Aquila(hit by car while riding), others in build queue "when I get the time"