What I got from Josh's video was that when you disregard all the hype, you can make a budget pedal sound like a klon and other more desirable pedals. Some people seemed to have missed the point though.
Heres another video where JHS did a blind A/B test with various expensive pedals versus their budget clones. The Mosky silver horse beat the genuine klon in that one - Addison thought that the $30 Silver Horse was the $7000 Klon. I enjoyed this one as I have a silver horse on my guitar board.