But is it?? If these rods had no identification on them could you really tell the difference between the modern cheap rod and the Hardys and Sages?
I have been using/evaluating, shall we say a well known make of rod for the last year, it's just gone on the market for around £250. Cost price around £30. Nice rod but!
I'm aware of the cost price of rods and £30 seems correct for the rod you describe.
But I believe that yes, you can tell the difference between a £50 rod and a £300 rod. BUT - you probably couldn't tell the difference between a £300 and £600 rod. There is a stage at which the difference is minimal - I'd suggest it's around £125-£150