I have bits from various places including everything from Old Starretts to HF boxes.
While "get what you pay for" is a common mantra, I simply ask "what am i paying for?" Or more precisely, "what would I pay more for?"
Which leads me to this: yes, sometimes an incorrectly ground bit will walk. But the grinder doesn't know if it's the cheapest bit or the most overpriced designer bit. A HF bit tip can be ground just as precise as any bit, anywhere, only for very much less money.
And when we talk about how 'precise' a bit is, I simply say, "it's a DRILL bit! If i wanted it precise, the hole would get a different treatment."
If it's precision that matters, a drill bit is the wrong tool, especially all by itself. On lathe or mill, I'd at least start with a center drill. Then the tip wouldn't matter near as much. Then use an undersize drill for material removal. Maybe plunge an end mill for perpendicularity. Finish with a reamer or a boring bar.
That's when precision matters.
Otherwise, IMO, drills are just drills. Nothing special. So i don't spend like they are.
Wrat