Hi Scott,
I agree hands down with what the other guys have said about equipment. Like cars it is a money pit, horrendous depreciation and always a new model around the corner.
Until about 10 years ago, generally only a full time pro would spend more than a few hundred pounds on a camera body, the thought of spending £1800 on an EOS 1 sent shivers down most spines, the clever marketing of the camera manufacturers making digital models has changed that to a point that the camera market has mushroomed to unprecedented levels that 10 years ago were the dreams of marketing departments.
No matter what changes the manufacturers make to new models none of them will make you a "better" photographer.
Back in the 70's (Now I'm really showing my age!) David Bailey did a huge advertising campaign for Olympus when they launched the "Trip" take a look at some of the images Bailey took with what probably the start of the serious 'point & shoot' camera, they are outstanding and I think he won some awards (again) for those images.
I employ the use of many sub-contract photographers and I now refuse to have the 'equipment' debate as it is so unproductive, one of my favourite comments to new enquirers is "If you wear your equipment as jewllery, we probably wont get on too well".
My way of justifying equipment uses the following criteria:
- Do I need it?
- Can I do the job without it?
- Will it help me sell more photographs?
- Will it pay for itself in 1 year?
- Can I afford it?
Amongst my camera gear I still have a couple of Kodak DCS520's, both are over 5 years old and I still use these for motocross, I would estimate that this year I have sold over 4,000 photographs that these have captured, that is over £30k of sales from a camera I doubt anyone would buy now but it still works and we sell prints up to 16"x 12" and have never had a complaint.
I have a couple of 1d's and a 1ds for jobs that require bigger files.
My mentor from my teenage years is now in his late 80's, up until his health prevented him from continuing taking photos just 5 years ago, he still used a couple of 1950's Rolleiflex's and was still better than I will ever be!
Enjoy the photography, the camera and other accesories are just tools of the trade.