I think people are thrown by the Pomegranate Noir name and expect something primarily fruity as opposed to a smoky frankincense/cedar scent with red berries and clove.
I enjoy PN and have a small bottle, but I have to admit that I find it a little amateurish in that it's startlingly linear and a bit too loud for its own good. While Jubilation has good progression and changes over time like a top-notch perfume.
That being said, every time someone starts a Jubilation XXV thread, I always have to recommend the L'Artisan Parfumeur Aedes de Venustas exclusive perfume, which is like Jubilation but with the addition of immortelle, which gives it just a hint of boozy gourmand notes.
As a cheaper alternative to Jubilation, if you can live without the fruit notes, your best bet would probably be Avignon.