I've been sitting on the sidelines waiting for building materials to come down to earth but copper is still so high I'm wondering if low voltage lighting is catching on or is it all just cost realitive to getting what you pay for performance wise?

That's exactly what we did in our offices. Replaced the 70's era buzzy fluorescent 2 X 4 troffers with 2' X 4' LED panels with the 0-10V dimmer control. You talk about an upgrade? No more buzz. No more flicker. No more headaches from working under buzzing, flickering lighting for hours on end. Probably the best bang-for-the-buck upgrade I've ever seen.Not common. Just not worth it when LED drivers are inexpensive.
Even PoE lighting which might become more popular would be 60V or more.
Most higher end commercial lighting I see on job sites are 120v/277v with 0-10v dimmers. All the fanciness comes from the dimmers (scene controls, etc). The lights themselves are pretty straightforward.