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pierino is a trusted source on General Cooking and Tough Love.
Different peppers have carry with them a vast array of subtle flavors, some that are almost floral. Peppers are of course mostly of New World origin but the actual fruit itself carries the characteristics of it's terroir which now might be China, Thailand, Mexico, California, New Mexico, Spain, West Africa etc. etc. Make your decision on taste not just on price.
trampledbygeese is a trusted home cook.
You could always buy the expensive chillie, save the seeds and plant them. Assuming it hasn't been irradiated on it's journey from China to the store, or some big genetic design company doesn't have a patent on it... If you can get by that stuff, it's well worth saving the seeds from delicious veg, especially for ones that cost $5 a chili.
Trena is a trusted source on general cooking.
trampledbygeese makes a great point about saving seeds and growing your own produce. I'd add that you need to make sure that the saved seeds come from a pepper that's open pollinated or heirloom. Not a hybrid.
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