My personal take: I think cheap scotch is better than cheap or even second-from-bottom-shelf bourbon.
When we start spending $$$$ on either, they're both amazing in different ways. $150 scotch is delicious and $150 bourbon is delicious; they both have their own, unique flavors. Even between distillers, each types' flavor profiles are so different amongst themselves.
Bourbon is one of those things that sounds good and then you try it and it's terrible, but I'm mostly talking about bourbon being added to things. I've given too many bourbon barrel aged stouts a try and haven't liked one of them. Don't care for it on my chicken either.
I've got a bunch of cannabutter I made last year and keep it stored it in the freezer. The best use I've found for it is to just add it to a cup of coffee.