Nice tools do help. I remember when we got the Snap-On combination wrenches and screwdrivers. The tools just felt better for some reason.
But for around the house, I got a set of Craftsman screwdrivers that mimicked the Snap-On handle shape, and some regular combination wrenches, and they do the exact same job. For bike tools, Park covers most bases, and other manufacturers fill in the remainder.