Annie,
sure, paying more money for the sail material is no guarantee that it is good, but the odds are improved. By the way, pointy rigs eat their sails, due to flogging and extreme stress (compared to junk sails), in particular on long offshore voyages. If I were dumb enough to plan a trans-ocean voyage with a pointy rig, I surely would add a squaresail for the downwind legs and keep those precious pointy sails well covered much of the time.
However, this is not only ocean voyaging versus pottering around the bay (my style), but also about the threshold of making a sail, all by oneself. You and I can sew up a new 30m2 junksail in around a week, no problem. However, quite a lot of people are not so keen on making their own sails, so if they still decide to do it, they may just as well want the sail(s) to last, at least if they are to make bigger sails, meant for crossing oceans.
In addition, although small boats may get away with cheapo sail material, then small sails will be cheap anyway.
Arne
PS: I bet less than ten percent of the sailors in the world sail as far as 50000Nm in their whole life.