You can pay more but there is no need: Henkel, Chicago Steel and the German brand with the trident for a trade mark are absolutly great; and they cost the earth, but I love them.
I feel a 10 inch French chefs knife is the most useful tool I have in my kitchen. An 8 inch chefs knife is a little to small for general work.
In addition to a chefs knife I like to have a utility knife with about a 5 inch blade and a paring knife with about a 3 inch blade.
You may in addition want a long, slim bladed carving knife and if you are extreamly fornaute and can find one in a garage sale, thrift store or antique shop, a wavey, (not serrirated) edged bread knife.
I have no room in my kitchen for a serrirated knife. I hate and abominate them. For my money all they do is rip and shread food. I also do not like an electric knife. Useless gadget. Doesn't make clean cuts, just chews stuff up.
People are always asking me at my classes, "How long will a good knife stay sharp?" A good knife, used properly needs to be sharpened with a steel with every use.
You need a stone and a steel, sharpen with the steel before each use and use the stone about once a month.
The shape of a knife is very importand. I feel the shape of the French chefs knives is vital for most mincing, chopping and slicing choors. Watch one of the good TV chefs, (not the cook entertainers) like Jocque Pepan (sp) to see the proppe way to use a knife.
Now, if you have children who use your equipment or roommates, forget everything I have said above and get your self the cheepest knives that are the right shape for your uses that you can find. Very few people are willing to properly respect and care for good knives. Using a good knife to open things or to dig mayonaise or peanut butter out of a jar is a desaster. Slamming them into the dish washer or the dish drying rack is a disaster.
Do not store your knives in a drawer. Use a wooden block and put them into the block with the sharp edge up.
Your cutting surface is also important. Do not cut on stainless steel, tile or grannet because you will ruin your knives. Do not cut on marbel because you will ruin your marble. Use wooden or plastic cutting boards and get new ones as soon as the center has gotten a bit concave from constant cutting. Unless the surface of your cutting surface is absolutly smooth and level, your knife doesn't make perfect contact with the board and the result is things that aren't cut all the way through, causing you to have to go back and cut again.
I have a plastic board for meat, poultry and fish, a wooden one for vegies, garlic and onions and another wooden one for nuts, raisons, dried fruits etc.
Gee, I'm sorry. I guess I have now told you more about knives than you ever wanted to know.
One more thing; When buying a good knife never buy one with a solid plastic handle. Always make sure that the handle, no matter what material it is made of is rivited to the tange of the knife and that you can see that the tangue goes all the way down through the center of the handle to the very end. If the handle is solid and you can't see the tangue, that means that the tangue only goes an inch or two into the handle and that with much use or force it is going to break off.
I hope all this helps you. a good knife propperly used is a thing of joy. Respect it.
kids - room mates