I really like the Flukes. We use 787 all the time at work. If you have the extra money to spend, I would buy a Fluke (787 is overkill for home use though).
Currently I have just the $10 Radio Shack version, but it isn't nearly as nice as a Fluke. One big difference is the length of the leads. My cheapo has short leads, so it seems like I always end up holding it in one hand while measure voltage, as the leads are too short to set the meter in the bottom of a cab. Yes, you should be able to get longer leads, but they are usually sold separate. I have also found that the cheapy meters don't always have the same "hole pattern" for the leads as a Fluke does.