At least I notice, I notice a lot of things, One of the most important things is how a lady carries herself. You can always spot class! Even low cost lingerie can be beautiful, Holes in stockings and lace is a turn off.  

I love shopping for lingerie with a lady!

I have a pair of stockings that are ripped up, but that is part of the look .  I have others that are well cared for though.  

Or do you mean snag holes?  And just general wear and tear?

I don't personally notice nor do I care to be honest. As long as it looks nice and it compliments the lady. I think the adult store stuff won't last as long as the good stuff. Although one time my lady friend had some of the cheap stuff from the adult store and for the life of me I could not rip through it like she wanted me to. Wore myself out and she just finally just ended up taking it off
Thing was made of titanium or something......lol

In fact I've often requested no panties under a miniskirt.  And recently I met a provider for the first time and suggested a few clothing scenarios.  One was a request for her to meet me in her birthday suit with just pumps on.  Never thought she would do it on a first meeting, but as I opened the door, guess what?  There she was in heels and nothing else - just an awesome experience.

I don't always look for it, but it's a real plus IMHO when a lady wears it. The classy look of it is an added turn-on for me.

I wouldn't know the difference between VS or Agent provocateur or wal Mart.  
I don't care for lingerie anyway. I want her in her birthday suit.

I look at the total work the provider did to make this a special time for me.

I appreciate high quality lingerie, it frames the womans body.

Its my all time favorite for lingerie and role play costumes. Its pricey but so worth it. lol don't be fooled by the name Trashylingerie either there stuff is HOT HOT HOT!

It shows a certain attention to detail. Along with your incall, web site,ads your hair, makeup, etc all adds to the experience. Granted nothing replaces great sex, but all create an ambience that I appreciate and enjoy. .

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I thinly guys who pay attention to quality know the difference.

99 cent store has lingerie, but maybe a 1 tim wear.  lol The panties I have bought for me are sweet, and tend to be very high quality.  Thanks for panties boys great fetish to role-play!

I notice, it doesn't have to be expensive like agent provocateur, in fact I usually like VS best even though they are actually pretty affordable, but if its worn it should be retired to private use.  Part of what I want when I engage someone's services is presentation, it sets the mood and says positive things to me.  The converse is also true

My own personal preference is 6 inch FMPs and nothing else. Having said that, I know some ladies want to feel pretty, and if lingerie does that for you ... go for it!  

I do notice a difference. La Perla and Agent Provocateur always outpace Frederich's or VS. But that's a lot of coin for something that will end up in a heap on a hotel floor.  

La Perla is the best though. There is no substitute.

Anticipation is quite erotic.