My 6 has these Nankang tyres fitted and I've found them pretty poor in the wet even when warmed right up. I had my 6 totally sideways on a roundabout a couple of weeks ago

I guess it's the same old story "you only get what you pay for". As already mentioned suspension set up has a huge role to play in tyre grip but assuming the cars sprung/dampened ok then obviously grip is down to compound and tyre width.
I think there's two ways to look at tyre wear and performance, a grippy tyre wears quickly cos it's a softer compound but if you drive as quickly on a tyre with less grip then the movement of the car, ie tyre to road, accelerates the tyre wear of the harder cheaper compound so you end up with cheap or expensive tyres lasting the same legnth of time. However cheap tyres are fun to drive on cos you can spin and slide at lower speeds so more often, but you've got a greater chance of crashing

not good!!.