When it comes to bands and labels ("the package" we used to call it in the wine biz), if the manufactuer won't spend the money on the presentation, maybe he isn't so proud of what's inside.
There are obvious exceptions: Tatuaje, Montecristo, Padron K Series.
But then again how about that Le Frank box (Last year's major Halloween hit offering by Pete Johnson)?
Or, have you ever read the label on a bottle of Chateau Lafite-Rothschild? A black and white picture of a farm and the words "Red Table Wine" on the bottom. Yet it's one of the most expensive wines you can buy. So, there is something to be said for understatement.
Of course, there are unscrupulous (or maybe just clever) suppliers who spend almost all the money on the package, with the probably correct attitude that most people don't know the difference anyhow. Let the buyer beware.
And I don't care what you think about 'em quality-wise, but Gurkhas always look great and inviting. And in my experience, they sometimes really are delicious.
You are aware that some truly great cigars are presented without bands. Several Cuban brands have traditionally offered some sizes in that fashion.
When I see a really aesthetic band, label or box, and the manufacturer has a favorable reputation, I allow myself to be impressed and to hope that what you see is what you get.
Fool me once, shame on you; fool me twice, shame on me.