In my opinion, a first class shooter's book & classy awards (especially buckles) are VERY important for a good impression of the match. Certainly for annuals, state championships, & above. If either appears cheap or haphazard, it doesn't reflect well on the match. Molly's buckles are the way to go for state champions (& above). It's also a nice touch for annuals. Two good friends won the overall not long ago at a state match & received very unimpressive awards for the overall win. Not good.
If expense is an issue, raise the registration amount. It's a worthwhile investment for all involved. That's not the place to save money.
My two cents.