I have a set of newtones on one bass, they're over a year old now and still sound great. I don't play it loads, maybe once a week, but that's still pretty damn impressive. Still, it cost more than £50 and I had to wait 4 months to get them
I've always used Elites on my other basses and I like them, but they seem a bit less consistent over the strings when compared to the Newtones. This is on 6 string basses. If I had loads of money I'd stick to Newtone, as I don't, I'll be back to Elites