Not sure if I would put it quite like jztml, but I think that is fair to say that with flashlights, just like most technologies, you get a diminishing return on your investment the more you add further refinements.
I personally rate and respect McGizmo lights. An AlPD-S will sell for $275ish on BST where as the Ti equivilent will sell for at least $550. Is the Ti version twice as good? I'd find that difficult to justify. Is the Ti version worth it I think so.
- Ti is heavier than Al but not as heavy as steel, I prefer a certain heft to my lights but not so much that they weigh me down as steel lights do.
- Scratches and gouges on bare Ti are not nearly as noticeable as on HAIII Al.
- I can't see many applications where I'm likley to crush an Al light, but a Ti light will resist compression far more than any Al light.
- Ti is far more resistant to corrosion if you use your light in a salt water or other corrosive envirionments.
There are probably loads more that I can't immediately think of but all in all whether the benefits are worth the cost is up to personal preference.
my £0.01