Let me preface this by saying I'm not a new user to WW; I just couldn't remember my login or password.
It looks like you already made your decision, but down image and side scan are useful tools for every user and every species. It sounds like your an old school 2D sonar guy, but I would suggest splitting the screen and run the downscan and 2D sonar at the same time. The down imaging isn't going to mark fish the same way 2D sonar does (arches), but more often than not it will confirm the object your looking at is a fish. The DS is a much tighter cone than 2D sonar, ie; easier to see your bait right below the boat. I'm not sure why folks wouldn't use side scan for striper fishing at Powell. While it may be too deep or the walls may be too far left/right, it will still show fish and shad schools as white streaks or specks (Lowrance).
The primary difference between a $500 unit and a $1000 unit is the resolution. The general functions are the same. Picture an older 730p television vs. a 4K television. Furthermore, I personally wouldn't buy used unless the unit was less than 2-years old; I wouldn't buy a 5-year old cell phone. Most of the times these units require the occasional software update. If the previous owner didn't follow the updates it could jack your whole unit up if you try to install the most recent update. Plus the wires are usually twisted and pinched; thus requiring a new transducer negating the great price.
The Humming Bird or Lowrance units can use the built-in Minn Kota US2 transducer for 2D sonar only and they now have the mega imaging for the HB (at least on the Ultrex motor, not sure about i-pilot), if you don't mind spending $2900 on a trolling motor. I'm not sure how much side scan will help you based on the transducer installation (I presume it will be on the troller), as it usually requires a 3-5 mph speed to get a good picture, but don't discount side imaging. The more you play with it the more you will find it useful. Next thing ya know you will be buying another one and linking them together.
I ran the old Lowrance HDS gen 1's for a long time. I recently changed to the Elite Ti2. Mostly because I couldn't afford the Lowrance HDS Live units. I looked at the Garmin Livescope but $2500 was out of my price range. From the specs, it looks like the Helix 7 is a very capable unit and you can even connect your phone. Good luck and leave a few fish for me...