/diy/ - Do It Yourself

Do you have to spend money or big brand-name tools or can you get by with cheap tools if you're not using them every day or making money with them? How do you guys look at these sorts of things?
I was at a store today and saw this pack of pliers for $20 CAD ($16 USD):

>Includes: 6" (15.24 cm) diagonal cut, 8" (20.32 cm) slip joint, 8" (20.32 cm) lineman's, 10" (25.4 cm) adjustable wrench, 10" (25.4 cm) tongue and groove, 6" (15.24 cm) long nose
>The adjustable wrench is designed for easy to read measurements and the long nose, diagonal and lineman's pliers have heat-treated cutting edges for strength
>Clear, anti-rust coating for ultimate rust resistance
>Carbon steel
>Double-shot handle with comfort grips
>Tested for hardness and tempering
>Made in Taiwan

Is this worth it or should I find some other set?