I like the 21mp spot that the Canon 5DM2 gives me. Basically it gives me cropping room. My subjects are not always predictable.

But, I agree with the message. I have an L collection, but I like to think it is a practical one that has high value for the cost. For instance, I have a 70-200mm 4.0L...no IS no 2.8. It is wonderfully sharp and is good for portraits. I also have a 200mm 2.8L prime for available light work. Both of them together are about half the price of the 70-200 2.8L IS. For macro work, how many people really need the 100mm 2.8L IS vs the 100mm 2.8? It goes on and on. The one thing I've learned is to not jump on every new body that comes out. My glass retains much of its resell value, but the bodies are like driving new cars off a car lot.