Agreed, for some brands. Unlike incandescent PAR38s, they're usually not glass, and some brands have the front 'cover'/'lens'/whatever as a bit of plastic which is just 'clipped on' (and can be pulled off) so not necessarily all that convincingly protected from the elements."par38 led bulbs" seem to use "proven" technology, and are sealed within an "envelope". Other "outdoor" LEDs seem to use devices more "open to the elements".
As I often observe, and for what it's worth, my personal experience in relation to 'new technology' (over decades) has been that, contrary to what one might expect, 'reputable big brand' and 'expensive' are no guarantee of anything, so (after investing plenty in expensive products over the years) tend to be a major user of 'el-cheapo products' these days!!If you have had success with el-cheapo par 38 LED bulbs - good luck. I tend to lean on the side of caution when investing in "new technology".
Indeed, I doubt there are many situations in which an expensive one which costs N times more than a cheap one will last N times longer, so the cheaper ones tend to 'win' (financially) anyway, even if they don't last very long.
Furthermore, in terms of some of the 'very technological' things (computers, phones etc. etc.) paying a lot for (something perceived as) a very long-lasting product can be a waste of money, since it will probably become ';obsolete', and hence need replacing, before the end of the 'very long life' for which one has paid a premium!
Kind Regards, John