Hmm. A taper roller bearing would last the life of the bike [they manage on car,truck and m/cycle wheels under far greater loadings for 50 to 100 000 + miles], now fitting those would be an improvement. A greased ball bearing with only a very occasional tweak of adjustment will also last thousands of miles.
Local
Evans is selling sealed BB for £21.00 [cheapest] set of balls at LBS £2.00, a ratio of about ten to one.
It's all down to if you can be bothered to maintain your bike or just ride 'till it breaks and stick a new bit on.
Still, this is straying from the thread a bit and we may as well agree to differ on this point. I still recommend a caliper though, they really are very handy.