If you want bonus points for suffering, go with itchy wool and hemp ropes and an old school foam pad.
Or, get the best gear that offers comfort & performance in sometimes even life depending situations.
Shop for bargains, buys used, work the written warranty system and next thing you know, you too can be a card carrying gear whore. Capable of pulling some excellent gear out of the most surprising places.
Lastly, take excellent care of your gear. I find that when I am conscious about protecting my outer wear, I actually climb more gingerly, softly, delicately and my ward robe shows it.