$1994.00 I believe I can do the same for $300.00 with almost identical functionality. For one small example, you need hundred-dollar pedals like you need a hole in the head. $25.00 pedals will get you there just fine, no problem. An $18.00 seat in Wally's is almost identical to the expensive ones and just as good. A $30.00 Shimano derailleur will get you across the continent and a great deal farther. Why the camel back? I have cycled 37,000 miles around the world. I've never had a problem reaching down to the bottle and getting a swig. Tires and wheels are things you do not want to scrimp on. Cables and housings can be had in Wally's for $10.00. I have gone on very long, heavily loaded, tours over extremely hilly and mountainous terrains without the first problem with such cables. Those are just a few examples.
I have always said, within certain limits you can spend as much or as little as you want on bicycle touring.