The only European equipment I have, are two Hegner scroll saws. Made in Germany. Today you can buy a scroll saw for under $100, better ones cost $450 and the best Hegner cost over $3000. All cut well, about the same. (I have a 1988 Jet scroll saw that still runs fine) The biggest difference I see, is that Hegners have much more durability than other saws do, and parts for my 1986 Hegner are still available. Not available for my Jet. In the past, I have had a $450 saw last just 20 months.
No PHD, but I have a DD 214