Well look at it this way, would you rather drive a banged up old rust bucket of a car rather than a luxury car?
Both vehicles will get you from A to B but you will probably enjoy the ride in the luxury car more.

What I'm trying to say is that it all comes down to personal preferences. Will you get more satisfaction out of your shave with the more expensive razor, will you look at it thinking "Man I can't believe I only paid 200$ for that" or will you think "Man I can't believe I paid 200$ for that"?

Booth razors might be equal good when it comes to shaving but the more expensive one might give you more joy while doing it.