Bachmann has worked long and hard to overcome their "el cheapo trainset quality {or lack thereof}".
Their pectrum lines offers their best.
The Bachmann MSRP, like all MSRPs, are inflated and when on the shelves or available for purchase sell for about 2/3 or half the MSRP. I could never understand why MSRP are so high compared to actual retail price {or haggled down price}. I guess it is so everyone thinks they get a bargain when paying retail or wholesale.
The OP didn't specify
which Bachmann Loco he was were referring to, so it is hard to tell what teh actual retail price is, we can only guess on locos Bachmann puts out that are high priced.
BLI, PAragon, MTH and others have high retail prices, why shouldn't Bachmann for good/better/best detailing and operating?. I have heard just as many complaints about the other expensive locos as can be said for Bachmanns. BAchmann doesn't have to be all about "cheap" locos!
As far as comparing brand model to brand models, they all often make totally diferent locos, I think so you CAN't compare one to another. SOme Locos ARE produced by several manufacturers, so comparison is available, but not all.
Bottom line: If you want the loco, you will pay what they want IF you want it.
The one downside to a downturned economy is prices tend to go UP so maufacturers, retailers etc. can still make their desired profit margins with fewer higher priced sales.