I never really cared what others have, especially when it involves fishing. I have few rules when I fish but the one I tend to live by Is simply have fun. I suppose there are folks out on the lake that look down their noses at others equipment but as Glen said there are many great people with various stages of equipment that are great to talk to at the ramp after a day of fishing and those are the folks I will be associated with.
In the end If you're having fun, catching a few fish, and generally enjoying your time on the water then you are far more blessed than you know.