I wouldnt say you need to have the best quality stuff, my batteries are from Hobbyking, the quality of their stuff is very good for the money imo and rarely puff up, even ones I sold a few years ago are still going strong. Even the soft case £7 lipos for my Micro do a very good job and pretty much what everyone runs.
As for chargers, I have heard that some of the cheaper ones may not charge to the true voltage due to poor QC. My first charge was a copy B6 and I have tested it with a multi meter after a full charge and its spot on, it was only about £10 too but like anything, it may not be perfect. If you dont want to take the risk, something like a SkyRC S60 is £40 and its a nice charger & a quality brand.
You could go out and spend £150 on an Orion ESC, £70 on their motor, £70 for an Orion battery and another £120 on one of their chargers,i t is your own money. Personally I enjoy a little bargain hunting a little, my current favorite car is my BSR BZ444 4WD, got it for £60, put a £13 HW v2.1 copy ESC in it, someone gave me a cheap 6.5t motor and used an old crappy Savox servo, drove it first time at a regional and put it in the A Final. Never had a bad day with that car because its cheap and up against top spec cars so every place is a bonus.