When I last checked years ago, the price of a typical Ring flash unit was approximately $500. Nowadays there are still ring flashes for approx. $500 like Pentax AF160FC, Pentax AF-140C, Canon MR-14EX, Sigma EM-140 DG ...
On the other hand, there are "noname" LED ring flashes for approx. $50. The price is very tempting maybe a bit too cheap. What's the main difference? Are they really that bad?