My gear has totally paid for itself and everything now is profit. We first bought a Sony bridge camera to take to Italy 3 years ago. That trip is actually what got me into photography and wanting to try and take better pics. After realizing the shortcomings of my Sony MVC cd 500, I sold it to my brother in law for almost what I had in it. I then bought a Pentax ist DS for about $100 more. From there, all the lenses, lighting gear, BG set ups, and finally the K10d was all purchased with proceeds from little shoots here and there. There was a lot that I would drool after, but if I didn't have a photo job that would pay for it, I waited. I guess it really comes down to need v. want. If you are just shooting for fun, do you really need the newer features, or just want them? OTOH, if you are shooting paid weddings or portrait work or whatever, it's easier to make that jump. Make it pay for the upgrades and extra gear.