There is still a ton of play in most the tools with moving parts. (AKA don't buy a drill press because there is a huge amount of play in the HF versions). The cheap home depot tools though are actually pretty good if you get the reasonable ones. AKA a good Ryobi 18V drill is just as good as the yellow or red ones that cost 2x-3x as much despite the "contractor grade".
(there are a bunch of videos with people killing dewalt drills, batteries, etc. At least over the past few years their reputation doesn't appear to be deserved.)
Example if you pay 1.8x the cost for a tool that lasts 10 years vs 1x for 4 years of service you will actually have paid LESS not more.
One also notices that pro's tend to buy brand name tools rather than budget brands even when they are budget conscious in other ways.