They actually look pretty nice mawk, but meh I'm fine with my £30 Converse lol, it's all I ever wear... they're cheap, light, and very comfortable, I hate those shoes that have tons of padding as if you're trying to suffocate your feet (The big fat nike ones with the fat lip and stuff)... yeah.
Besides, someone who blows all their money on labels are just stupid, like you said, it's pointless spending so much money on a pair of shoes, JUST because their nike, when you can get better for less.