Yes, we're still in that phase.
Whenever I can afford it, I try to support original brand. As an engineer, I know that a good, and marketable, idea doesn't come easy. However, there was a time the bands refill was out of stock at the shop we frequented.
So here are some review on the bands we tried since. In order of preference. All are based on what's available in Singapore.
1. Rainbow loom; around SGD 7 for 600 pcs
So far the best quality. Stretchy, strong, and uniform. Result in a nice looking craft because there are no 'crooked' band (those uneven, jagged circle). However, variety is quite limited. Especially consider the charms and whatsnot. Best quality of clips too. Clips are small and secure. I will not mention again below, but other brands clips are bigger, therefore bands and come undone.
2. Mini Toons bands; bought at SGD 40 for 5600 pcs, comes with a nice compartment
Not sure of what's the real name. That is the shop we bought from. Bands are almost as good as Rainbow Loom. Stretchy, so far nothing brakes, and cutting is quite even Downside is that the glitters came off to our touch (and floor, for that matter).
3. Cra-z looms, around USD 12-13 for 2000 (sorry, hub bought it on his biz trip)
Quite stretchy. But bands sometimes broke, and quite a number of uneven bands. This can be purchased at Toys R Us.
4. In Toys R Us, there's another brand that comes in smaller packs. Less than SGD 10 a pack, comes with a few charms. Beautiful design and good quality charm. Unfortunately it looses in the quality. Less stretchy, and it doesn't recover if you stretch it too much.
5. Last is one that I haven't tried personally. It's based on friends feedback. If your kid is distributing the bracelet to everyone in the world, can try Qoo10. :D
For the looms, hands down, please buy the original. At around SGD 30 (comes with 600-1200 bands and clips) it's so worth it. Quality is by far superior. Spotlight sometimes have discount or promo voucher, then you know what to aim.
Happy looming.
PS: google it. People start making garment from these bands. Imagine the weight.