First, I'm a hammock sleeping rookie (we have an ENO double for lounging in camp that I've napped in)....
I've been doing some reading on this forum and others and I'm not sure I understand what I'm getting by spending more.

I see the ENO junglenest is $100 at REI (leaving out dividends and quarterly sales for now, as well as the 1 year guarentee).

Then I look at a Warbonnet and it's 50% more expensive for the most basic model.

So what am I getting that's better? Is it better quality? Better suspension? More room? Artisanal zippers? Bespoke carabiners?

I can't spend 50% more on something until someone who knows what he or she is talking about tells me the difference so, please, make me a believer.

For context, we go to the BWCA once in the summer. I'm trying for more but the kids are busy. We're outgrowing the tent we use so before I buy/lug another tent in there I'd like to see what this hanging is all about.

Thanks!

Well, you need the suspension system and the one they sell is $30 so you have to add that in. It looks like a great starter hammock to see if you like it. For a single layer 1.7 Warbonnet Blackbird with suspension it's $180. Blackbird video

I've always gone the quality route with my camping gear. Warbonnet has a great track record and they are hand built in Colorado. ENO's are made in China. I have their Traveler hammock and it's perfect for lounging in camp but I don't know about the quality of the zippers and bugnet.

Here's from a review.

One downside to this style of Jungle Hammock is that the bug net has a tendency to sag in your face. This can be really problematic in buggy areas where biting insects will be able to bite through the netting. Using a side pull-out, roughly where your shoulder is located, will provide enough clearance for full top protection.

At US$100, the JungleNest is the most expensive entry-level Jungle Hammock. I wouldn’t consider it a top-tier design, in terms of total features or lowest weight, yet it has enough features and usability to be practical for any camping adventure. The bug net pull-outs are arguably the least complicated design of all the entry-level designs. In terms of size, it matches more closely with the more affordable Byer of Main Moskito Kakoon hammock, although the JungleNest has a more durable bug netting and a higher overall build quality.

The fabric isn’t as rugged as the rest of the ENO line, so I wouldn’t put it through the kind of abuse that I would with my Skeeter Beeter or No-See-Um No More, with their tough nylon taffeta (parachute nylon) fabric. I’m thinking this will be a great hammock for my new Boy Scout son who is a little more responsible.

If your talking about moving a family from tent to hammock that could be costly, mostly due to insulation, bottom more specifically as top insulation can easily be an existing sleeping bag. you can use existing ground pads that you use in a tent in a hammock, however its not ideal, especially if you want a good experience, at-least thats what i found. So if you are considering converting 4 people from tent to hammocks and you only get a single use out of the hammock, then i dont know if the cost would be justified. I own a warbonnet ridgerunner, which is a bridge hammock and not a end gathered hammock. I also do not use my hammock very often, 2-3 times a year, but i had extra money to throw at my setup so for me the cost was not an issue, i mostly switched because i hated sleeping on the ground. Also, i like being a bit farther from the snoring tenters, i plan on more solo trips as well and for these reasons the hammock works. I have 4 components that most hammock people have, a hammock, a tarp, top insulation and bottom insulation, all these are needed in some fashion or another, unless it never rains and you camp in 80 degree weather.

If you were asking this about tents or other typical types of outdoor gear, the answer would be simply it weighs less and performs better, etc...with hammocks, you're paying more for superior quality of comfort. The designs are far less straight forward and very VERY exact in how they're made. I have the junglenest, because like you I bought it as I entered the hammocking world to see what it was all about. After laying in my Warbonnet RidgeRunner for the first time my view on hammocking changed and I've never spent the night in my junglenest since. My best advice as always with higher end hammocks, don't lay in it unless you can afford it, because after you do you'll never be able to go back knowing what's out there.