Wax Boxes vs Complete Sets?

I have never known the difference between them, it seems like wax boxes sell for more but why? Doesn't a complete set insure the desired card of choice? Someone please explain this to me.
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Comments
To me, it seems like the answer to your question is two-pronged.
#1, it's the thrill of the hunt. If you're buying say, a 1989 Upper Deck wax box, you might end up with multiple Ken Griffey Jr rookies, or multiples of any of the other big rookies in the set. If you buy a set, you know what you're getting.....one example of each card.
#2, When you buy a wax box of cards, you're getting what should be untouched cards in supposedly mint condition. If you buy a set, you're assured of getting all the cards in the set, but the cards aren't untouched, and therefore, may not be in mint condition. Also, if you buy enough boxes, you might just get lucky enough to end up with a complete set, plus all the multiples you can eventually buy or trade.
Also keep in mind that, and this again may just be my own opinion, but set collecting has really taken a dive over the last many years. It has become so difficult to complete a set, that many collectors don't even bother to attempt it. Most people seem to be in it just for the "big hit", i.e., pulling a big insert or rookie card. Most people these days don't even want to look at a card of the backup catcher for the Seattle Mariners, for instance, let alone actually go after collecting it.
Steve
You know, I'm wondering if I should do a nice wax box collection (starting with 80s) also?
D's: 50P,49S,45D+S,43D,41S,40D,39D+S,38D+S,37D+S,36S,35D+S,all 16-34's
Q's: 52S,47S,46S,40S,39S,38S,37D+S,36D+S,35D,34D,32D+S
74T: 241,435,610,654 97 Finest silver: 115,135,139,145,310
73T:31,55,61,62,63,64,65,66,67,68,80,152,165,189,213,235,237,257,341,344,377,379,390,422,433,453,480,497,545,554,563,580,606,613,630
95 Ultra GM Sets: Golden Prospects,HR Kings,On-Base Leaders,Power Plus,RBI Kings,Rising Stars