Performance profiling without breaking the bank?

I am trying to figure out how to do some basic performance profiling without having to sell my future children into slavery.

My actual question:

For iPhone apps Instruments only provides memory addresses. For Android, I'm not even sure where to begin. Are there any third-party tools that would be of use?

Begin rant
Seriously, why is such basic debugging functionality so ridiculously expensive when other platforms pack it in as a matter of course? I don't have $6k laying around to purchase basic platform functionality. If I did, I would much much rather use it to replace my aging development machines once Apple starts releasing Pro hardware again.
End Rant

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