I kinda disagree with you when you say that Japanese psu has a much nicer "construction".
Yes, one one hand it has better input filtering and uses more brand name parts and I like how they added ferrite beads but on the other hand ... it just seems over engineered.
The pcb sucks (it's not quite high quality fr4, not much higher quality than the cheap 8$ psu pcb), they did some weird cutouts and had to resort to metal bars just to be able to connect the diodes and mosfet to case using some metal clips. For 2 amps of current, there was plenty of pcb space to go with some large traces.. or just make pcb with some thicker copper. Oh... and for so much money I would have expected removable/replaceable fuse.
You make some interesting comments, so here are my thoughts.
I don't actually think it's 'over-engineered' considering that I think it actually does have a 3 year warranty (IIRC), complies with a lot of standards including leakage current, conducted noise, harmonic attenuation, etc (too long to discuss in the video and I'm probably not qualified to discuss about them in much detail), along with proper documentation, high MTBF (489,000hrs) etc. It's expensive not only because of the materials, but also because of all the standards (EMC, Safety, etc) tests and certification they had to pay to go through for this, plus the extra parts they come as accessories such as mounting options. It is important to see that power supplies like these are also used in systems, where multiple of them might be used in a rack and paralleled or series-ed together. I assure you that there are a lot more power supplies out that with far far greater complexity, some even having an ARM core on board!
I also assure you that the Cosel board is in fact, as far as I can tell, a good quality single sided fiberglass material, and significantly higher quality than the paperboard material used in all cheap supplies. These are commonly known as CEM-X (usually CEM1 - composite epoxy material), and the cheaper variants use some sort of paper fiber laminate with maybe one or two glass layers. They are also bad for plated through-hole boards, which is why they are commonly used in cheap single-sided PCBs only.
It seems that with a bit more routing thought it might be possible for them to route a PCB with a 2A trace, but I'm quite sure they used a very similar or identical PCB for different voltage PSUs, which would need the higher current. For example, Cosel makes a 5V 50W version of the power supply in the same case, so if they used similar components, the bus bar would need to handle 10A. Also keep in mind that the high switching frequency reduces the effective cross-section of the conductor due to the skin effect, and it starts to get significant in the 100s of kHz. Thick copper PCB may not be cost effective as well, given that they do have a fair amount of SMD components on board, which would not only make the surface finish slightly poorer (in general depending on the PCB finish), but also be a bit of a waste since the rest of the board doesn't need to handle the high current.
Hope this makes sense