In the past, I never tried Beats and I always thought they were overpriced but I've heard from other people how they offer great sound quality. After Apple's acquisition, I thought I'd them a try and see what the fuss is about; returned them back to the store in less than 24 hours.
The headphones themselves don't feel as expensive as the asking price, in fact they feel somewhat cheap, and I'm sorry, but the amount of bass is just terrible. As as a video editor, this ridiculous level of bass takes away from the clarity or feel of the music. After trying them out, I feel they are absolutely overrated. They only work with very few types of music, and they blow in everything else. They kind of feel different from other Apple products.
I know Apple bought them for their services and their marketing value, but the core product of Beats, headphones, are crap. Apple needs to do something about this if they still want to keep the price.
May I ask which ones you tried? The older ones were almost as bad as people like to say, but the newer ones are pretty good (the last 2 models I've tried out in a store, i think studio v2 and solo v2). They sound as good to my ear as headphones up to around 2/3 of the price - so for the price surely you can find slightly better sounding headphones, but certainly not as bad as everyone enjoys parroting. The bass has been tuned down too, these models are flatter than some "audiophile" headphones that are popular.