I've had a polaris for several years and it's given me good results, and it's much cheaper than the Sekonic. Having said that, the Sekonic has much more flexibility. For instance, in flash mode, I can set the ISO and sync speed and it gives me the aperture. I can't set my preferred aperture and get the shutter speed or ISO. Before that I had a used Minolta which was even cheaper. Without exception, anything I have bought because it was cheaper than the 'go-to' item, I have eventually replaced.
As others have said, if you aren't going to use flash, you can get my with the camera meter. Even if you are, with a little practice and chimping you can get by without a meter, but it makes things easier, quicker and consistently accurate.