I can agree with your view, but would add that "fun" and "flawless" are not synonyms. Heck, charge the normal rate for things and I'd be able to afford more fun!

I've had two weddings and attended many many more. 90+% of the time is completely forgotten. The rest is good or bad memories that are largely disconnected from the service/goods quality and the price. I've seen success with plastic cups and failures with crystal.

(Interestingly, the vast majority of the "bad" events came from the wedding officiants, with photographers coming in at number 2, neither of which correlated to "quality")