I really must agree.
I certainly went through the hardware snobbery phase, attempting to substitute a lack of raw photographic talent with buckles, bags, jackets and gadgets, and I came out the other side while still very young.
I've slowly upped my own game (it's been really slow, and I'm still trying) but I know that I will eventually take a photo to be proud of, even with the old hardware I have. My limitation isn't the camera*, it's me, time, patience, wisdom etc.
*Though I'm confident I'll never take a photo worthy of merit with this shite Coolpix thing I bought...