yeah I think that’s a good guideline. about “expensive cables” I was not necessarily speaking about very exclusive $3000 cables made out of diamonds and unicorn soul 
to me a Mogami/Neutrik cable is a high end cable already.
That said there is an important thing to point out : cable quality is MUCH MORE important when the signal impedance is high. It means than the XLR cable between the DI and the PA is way less critical than the instrument cable (+ the XLR pinout uses a symetrical signal which is way less subject to parasite noise than a jack cable), at least in the case of a passive bass.
With an active bass the signal impedance is low and so there is much less concern about all that. Still the connectors and internal solders have to be good enough to be reliable, but the signal to noise ratio will be easily OK. That’s a good point for active basses, and also for buffers in a pedalboard. By the way, every standard non-true-bypass pedal acts as a buffer and lowers the signal impedance, so the cable quality between a passive bass and a pedalboard is much more important than between the pedalboard and the amp.