Although I would stay away from their power tools (unless it's something you would absolutely use only once in a blue moon), their hand tools are starting to carry lifetime warranties. Since I work a lot in situations where tools can walk off, I like the low prices.
It's like my cheapo pocket knives; if I loose an $80 Benchmade, I feel really stupid. If I break or loose my $1 made in China knife, I pull another one out of the drawer and keep working.