I whole-heartedly agree.
Every time you witness an economic crisis (i.e. recession, etc.) the cheaper means of living always flourish. NPR has reported on the income of cobblers, for example, going through the roof due to those willing to repair shoes rather than replace them. Stocks on cheaper retail lines such as Wal-mart and Dollar General have also returned huge gains. Everyone from Amazon to car dealerships are now saying that the quantity of their sales of used & refurbished merchandise is almost exceeding that of their new merchandise. And even CNN reported yesterday that high-end manufacturers like Armani, and Louis Vuitton--among others--are moving operations from Europe to China, due to production costs.
To extrapolate on the later point, due to the inherent nature of the Chinese manufacturing sector and their well-earned reputation for bootlegging whatever "legally" comes their way, having in-country legal access to the technical aspects of producing the real thing will also send the quality of the reps up as well; not to mention the demand for them.