Nothing says expensive camera equipment quite like a peli case. A few years back they were quite popular but there were some parts of the world where they were almost guaranteed to go missing. Most travel insurance limits individual items to ridiculously low value, so unless you have specific camera insurance, a peli case is just not worth the risk IMHO.
What I have just done is to buy a normal looking hard shell suitcase and some meduim density foam. The plan is to have something akin to a peli case but lighter and indistinguishable from normal luggage.