I sort of did that for choosing a bass guitar. Based on some research, I determined that I wanted a jazz bass for its neck dimensions and pickup configuration. I picked up a cheap passive Peavey with these features, albeit with lower quality hardware than its Fender counterpart and also a cheap active Ibanez with similar but different pickup placement and an even thinner neck. I determined that I did indeed want a j bass so I started looking at examples from Fender and a few other higher end makers and ended up getting a Sire bc it's everything I wanted in a j bass from the ash wood, the satin neck with polished fretboard with block inlays and rolled ends, good electronics, and also as a bonus, both active and passive via a switch with the active side having a 3 band eq on top of the tone knob.
So I basically did what you're talking about, but through my journey, I ended up going with a microbrand that offered everything I wanted feature and quality wise and then some for a fraction of what the big brands charge and I'm probably gonna end up doing the same with watches. Like I have an Invicta sub that has me wanting the real thing but I'm not opposed to finding something more or less of the same quality but with more things I want on it for less money. Like it looks the same but with a cooler dial that just doesn't say Rolex on it and all else being equal costs $1500 instead of $15k.