research the reviews on the model and brand that you If it reliable buy it without the warranty.....If its not reliable do not buy it at all. The warranty companies know that the cost of repairs on average is going to be far less then the amounts collect from warranties or they would not sell them. IMHO
I think so, and I probably would have made the same choice.
Correct choice if a good bargain, could last for years.
I buy all electronic devices without a warranty. I think of it this way, if the chances are that the device would fail, the manufacturer wouldn't offer a warranty. And if the device last ~2 years, it'll be so outdated at that point that I'd want to upgrade.