Jeff,
The main difference between saddles and capes is the length of the feathers. Good genetic saddles will give you feathers so long that you can tie more than one fly with a single feather (what you've been getting in the 100 packs). Capes on the other hand have shorter feathers so you generally get one fly per feather.
Saddles, however offer feathers with a limited size range, say 8, 10 and 12, while a good cape will let you tie a greater range of sizes say 32 to 2.
Would you cry if you saw someone elses silver saddle next to your bronze. I don't know. He'd have more feathers, you'd have spent less money. Sounds like a pretty even trade to me. I have a hard time telling a bronze grade feather from a silver laid side by side. I have no trouble telling a bronze saddle next to a silver saddle. The silver will be fuller, packed witih more feathers.
REE
Happiness is wading boots that never have a chance to dry out.