Well, Rip, I kinda look at it this way. If 9 out of 10 people/USERS think the 788 is a good saw that has to mean something. It's has a good price tag.... $551 plus change for the saw, stand, lamp and sales tax. The Excaliber was another $250. Might be a better saw tho for all I know. It to has a good rep. The 788 is my 4th scroll saw, and by far the quietest, and has the least vibration of any of them. It's easy to switch blades and it's as fast as any of them when it comes to doing fretwork. The table tilts in either direction while all others I've had only went in one direction. I can't speak for longevity yet, but the talk on the forums is that they're pretty good in that regard. My P20 ($200 more than the 788) after a coupla years of moderate use is starting to make noises it didn't make when I bought it.
So, all in all, I made my decision to buy one, not as the subject title of my message might indicate but rather listening to what was said by all those who are professionals(?) on this and other scrolling Forums, and doing a test drive, so to speak, at the Woodsmith Store where I bought it. I compared it to an Excaliber that was sitting right alongside of it and for the extra money I couldn't see where it was better. I could have bought either, and would have.
As far as I'm concerned the 788 is the best bang for the buck out there.
So. with tongue firmly in cheek you can sign me Mooooo!