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This type of thing exists in any hobby. For example, I know a guy who is very seriously into biking. He just bought a $4,000 bicycle. Not motorcycle - bicycle. In his circle of biking friends, this is normal. His bike is made of all composite materials, etc. The reality is, throw a water bottle on there and wear something other than the most aerodynamic clothing, and the $4000 bike probably now performs like a $1500 bike. Musicians - many guitar players own many, many guitars, whether or not they can actually play. I recently heard about a drummer who ordered a limited edition $10,000 drumset at a local drumshop. Rumor has it the guy can barely play, but he's loaded, so he bought it. Meanwhile, guys who work / hang out at the shop who could play were tripping out on the price of the instrument. It's in every hobby. I know a guy who's in a really good band, and he and his band members are not equipment junkies - they're into the music, and they love it and have a blast. They're good too! I'd personally rather make sensible purchases and enjoy several aspects of life, rather than dumping everything into one hobby.
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