Lets talk waders for a moment...
I own a pair of neoprenes and a pair of breathables. I had the neoprenes first, but when I got the breathables I figured I would keep the neo's for colder water and long-term wading, like in a float tube. But honestly, I haven't touched them since I got the breathables. If it is cold, I just find myself dressing like I would for skiing; long underwear, warm socks, a mid-layer and the waders.
Now, I went bargain shopping when I got my breathables and bought some Hodgeman's for under $100. I know they say "you get what you pay for", but thus far I have been really impressed with my purchase. What am I really missing by opting out of the Patagonia, Simms, Orvis, etc.? I guess time will tell with durability, etc. But if I get a few good years out of sub-$100 waders, why not buy them again?
And do you find yourself still using or occasionally using your old neoprenes?
edit:
I have heard really good things about the Cabela's $79.95 breathable outfit as well...