I'll happily pay the premium for "it just works", especially device switching iPhone to iPad to MacBook to Apple TV, it works first time, every time. I have a pair of Sony XM5s, and even at that price point, pairing and device switching can be a crapshoot some of the time.
Bluetooth honestly feels like a non-deterministic stack sometimes, it even took Apple 4 years to support it on the iPhone, how they have the AirPods working is close to magic.