Fake Golf Clubs

When I bought a new set of irons 2 years ago, whether or not they were genuine was not something I took particularly seriously. After all, I was buying from a reputable, big name company and brand named clubs.

Recent golfing trips and talking with fellow golfers has given me renewed interest in the subject. Among the conservative estimates i've heard of these fake Chinese made clubs are THB10,000 for a full set of Callaway X (with woods)!

Are these clubs any good? Are they going to perform as well as the originals? or are they going to fall to pieces after a year?

These are the questions I hear when people are discussing these clubs and i've heard various arguments on both sides. One of the most interesting comments I heard is that the fake clubs are made in the same factory as the originals!

What do other golfers think of the fake clubs out there?