Nice thread idea, and even better discussion (if possible.), which sparked a thought process for me.
The Reason I love this game (or, the history of me).
I'm a competitor, period. In a previous life, my sport of choice was (now don't laugh) slow pitch softball. When I started playing the game, everybody hit the same ball, with the same bat and fielded it with the same ball. To get better you had to put in the time, so that's what I did. I would get up at 3:30 am to go to the gym and work out, go to work, and then if I didn't have a game I would go someplace and hit until my hands bled.
This dedication got me to a point where I was playing for fully sponsored teams, traveling all over the place to play and even getting paid "travel money" from time to time. Then It Happened! Some guy by the name of Ray DeMarini invented the multi-walled bat and before you knew it every pencil armed jacka$$ could hit a ball out of the park. So all of the hours that I put into learning to hit the long ball ('cause chicks dig it.) was trumped by a $300.00 bat. The fun in the game went away.
So, what does all of that have to do with billiards/pool? Well, just this. It really doesn't matter how much a player spends on equipment, they still have to be able to execute. They still have to be able to deal with the voices in their head and the movement of others around the table. They still have to put in the time.
I'm not a great player by any means, but in the 1.5 years that I've been playing I've spent countless hours drilling, asking questions, watching better players and even matching up where I had no business matching up.
The morale to this story? A $4,000.00 custom cue isn't going to beat me, it's still me vs. them and that's the way it should be.