HF is definitely changing, in product quality I think for the better.
One thing I've found with HF and that is, you can buy their cheapo stuff (Pittsburg or Warrior or what ever and chances are it's a one use time toll that expires quickly or, you can buy the top of their line stuff (Icon or Cheif) and it's as good as or better than the current 'brand name' tools and it costs less anyway.
Case in point, I have an Icon 1/2" drive clicker torque wrench. it's as accurate in both left hand and right hand torque as my Snap on wrenches are and I had it tested on a torque master just to see. Cheap torque wrench's only indicate tightening torque (right hand), never left hand torque. The Icon indicates in both directions, something I require because I use left hand torque on heavy truck rear and front drive axles.
If I put the Icon next to the Snap-on the only difference is the laser etched name on the body. Same finish, same ratchet head, in fact, if it didn't have 'Icon' etched in the body, you cannot tell the difference other than price. The Snap-On wrench is 600 bucks. The Icon is 110 bucks.
With HF, it all depends on what you want to spend for tools. You buy the cheap stuff, you get the cheap stuff. You buy their top of the line tools, you get quality tools at better prices than the other brands.
I have to say as well that I have the 'Pittsburg' 1/2" drive impact sockets in SAE and Metric sizes (all of them actually) and I have yet to break one and I use them hard. I've split Snap-On, SK Wayne and Crapsman impact sockets, never split one of the HF Pittsburg sockets and I regularly use them to remove plow steels from snow plows which are most times extremely corroded (fasteners). Plow wear steels are held on with grade 8 Dome head plow bolts and even with repeated soaking with PBlaster and using heat, most times I twist off the nuts. My SOP is put the impact wrench on the nut and just keep pounding until something gives.
I usually use my IR Thundergun (750 pounds feet torque) but I have a new Astro Pneumatics Icon Thor wrench on order that makes a tad over 1000 pounds feet of loosening torque. I'll see if it can split one of the HF impact sockets, don't know at this point but I do know that they have a lifetime replacement guarantee so if I do split one, the replacement is just trip to HF down the road.
I also have a Chief 4.5" air angle grinder (101 bucks). it's identical to the IR 4.5 air angle grinder right down to the grease fittings on the body, is quiet as a mouse, has a paddle style throttle and structural fiber body, just like the IR. I bet both are made in the same factory only difference is the price. The IR on MSC's website is 269 bucks. the Chief is 101 bucks everyday.