Hi Andy,
Being one of those few "... who among us has never erred"..... NOT, ..... I even err in my dreams!
.....
Here is my humble opinion:
1. We need to know how much of the battery (%) you are using for a complete flight. This may help us find the problem. But here are some ideas: Look at the "cut off" setting in your ESC. If you are using a CC ESC with the USB computer hookup then you can see this on your computer screen. Your setting may be so low that a little drop on the battery is not enough to keep your RPM up after a restart. Are you using the governor mode on your ESC? Give us your settings if you can, it will get you some solid answers from others on this forum. What size are your batteries and what are their C rating?
2. I found that our outrunner motors move more than 1/8" on their axis during a flight. This is a measured amount. So if you have anything near your motor, it may be rubbing. This will cause noise, heat, and waste battery energy (don't ask how I know this ;-).
3. Your 3rd point is well taken. I am a big fan of: "you get what you pay for". I know others have used very cheap equip. in RC and CL and it still works. Some of the guys at our ERC field use this cheap equip. Most of the time it works OK. In RC a failure is seldom catastrophic because we cal always roll upright and land etc. There are many failures at our field but they are just laughed off and the failed part is easily, cheaply replaced. IMHO it is different in ECL. Our system stress points are always in precarious parts of the flight. A failure of any part in the ECL power system is often catastrophic to the plane.
I don't expect everyone to select Plenttenberg motors but there are many high quality motors at more modest prices between the top and the bottom cheap motors. The same is true for the other parts of our systems. The price of our quality batteries, Thunder Power and Hyperion, has come down to the point that they are now much less expensive than glow fuel.
Please don't misunderstand me, I am not trying to convince anyone what to buy, I do not have any financial interest in any part of the hobby. My take on this issue is that I like to have everything work well and I try to eliminate every possible weak link in the system. In my career these were important issues to take care of and helped insure my (and others) survival. I know there will be those who will chime in and tell us that cheap is OK, and that is fine for them, but I still believe that when it comes to aviation that old saying still applies: "..... penny wise, pound foolish ....". This is also true: "to each his own" :-)
Regards,