I believe that quality is important and when you make purchases price can’t always be the determining factor. Patagonia calls its Encapsil Down Belay Parka ($700), the finest down parka ever made. The Belay Parka was made to provide you with comfort in the most extreme conditions. It is a 100% baffled, differentially cut parka made with plasma-treated, water repellent down that has a fill-power rating of 1000. Exterior hand warmers provide warmth even with the pocket zippers open. And if weight is a concern, it no longer needs to be, this Parka weighs in at just 18 oz.