I usually look at waders as a disposable type of deal and usually just get whatever Cabelas house line is currently on sale for about $100 when I need a new pair...they've all lasted about a season leak free and then I can usually coax another half season out of them with repairs. I treat em' rough (lots of brush and climbing) and don't want to feel like I need to be gentle with a more expensive pair.
When I was in the market for waders this most recent time Bean's Kennebec's were on sale for approximately $150, down off of $200. I put out the extra $50 on top of what I normally spend and bought a pair, and love them. I would definitely feel comfortable recommending them.
That being said, I have a bit of an issue with the stance being described above in reference to their warranty, or satisfaction guarantee. Waders are not reasonably capable of lasting a lifetime...they are designed to keep water out, and water is a very worthy adversary. All waders will eventually leak, period, no exceptions. Name one person who fished a lifetime on one pair of waders. It's the nature of the beast. The material loses it's ability to keep water out, seams stretch, booties tear, etc. Knowing this, I don't think it's right to think you're entitled to free waders for life after buying a single pair, and taking advantage of Bean's warranty. Don't get me wrong, if the waders fail before you got reasonable use out of them, then heck yeah, use the warranty. But if you got several years of good, high performance use out of them, the right thing to do is to BUY your next pair of Bean waders, knowing full well they'll take care of you if they're not up to snuff. How can you honestly claim you weren't satisfied in that case? Everyone's threshold for "reasonable use" is different...mine is probably about 2 years for $200 waders, knowing how I use them...It's ok to reasonably expect more than that. It's not ok to think you're entitled to never pay for a pair of waders again because you bought one pair.
Perhaps if it weren't for warranty/satisfaction policy abuse those Kennebec's would be $150 all the time, not just when they're on sale...?