Anecdotal/small sample size arguments and everything like that aside, Royalty Auto Service posts a lot of FB videos and they have been advocating pretty strongly for using low-cost alternatives for Snap-on stuff. As a test, they handed out 9 Icon ratchets to their guys to try out. Video I just skimmed over says all of them have been working well except for one, a long-handle 1/2" that is binding up a bit in the mechanism after it's allegedly only been used on 4 bolts. No description of how much effort was used on those bolts or if it was just regular use.
He goes into the discussion about lifetime warranty / time spent to go swap it out.
I'm gonna take it a step further and say, that lifetime warranty is fine, IF you have the time to go swap it out without it being a bother. IF the HF isn't far from you. IF HF doesn't change their warranty policy. IF they don't discontinue the tool line you've been buying (or significantly change it) so direct replacements aren't available.
And.. IF they don't go out of business.
You might say, how could that happen? Consider: Sears is gone, and so is the relative ease of swapping out lifetime warranty Craftsman tools. The stores that sell them now seem not up to speed on warranty replacement, so you get a mixed bag of people that will swap them without issue, or ones that demand a receipt from their store. And at least in the Craftsman example, you could be exchanging a superior older US-made tool for a junk Chinesium replacement, so while you're getting a new, unbroken tool, you're getting one that is not equivalent in value.
Richard