I love Alden and my Alden shoes, but with the latest price increase (approaching $700 for non-shell and over $900 for most shell models), the value question gets trickier. All of my first-quality Aldens purchased over the past few years have had issues -- some minor/cosmetic, but others more serious (vamp stitching coming undone requiring factory repair, serious puckering on another that boggles the mind how it made it through QC). In fact, I purchased a pair of shell tassel loafers seconds with fewer serious issues than pairs I paid full price for, so that might be the way to go unless you can purchase a pair in person and really look them over.
That said, the lasts, designs, and overall elegance of Alden shoes are all still incredible and unique and they're still my go-to when I have the shoe itch.