I think of it differently than having a wad of cash to blow on something silly. People sometimes depend on their camera gear to make a living. Perhaps there is a case to be made that says something like
... if you don't have time to "test" something before you buy it, then buy the best you can afford and hope for the best...
The reason I say this is that I worked for years as a print maker, first in Hollywood and later as an photographic artist. I have seen too many negatives, transparencies, and prints to even begin to count. I have made enlargements from wallet sized through to 4feet by 6feet. With this kind of background I feel confident that what I'm about to say is observable, correct, and reproducable.
The only visible differences between enlarged images can be found between formats. That is to say, people can easily see the difference between enlarged 35mm and 120 work. The differences are smaller but sometimes observable moving between 120 and 4x5.
Which leads me to another of my cute little maxims:
I will buy anyone a beer who can successfully tell what lens an image was taken with. I have worked with art directors who made some pretty wild claims... and were unable to support those claims. It turns out, their "ideas" of how things work were not true.
In professional work, a good lens is a good lens. Period. But do you need it? In 4x5 and the better 120 gear there's no doubt in my mind that most of the lenses are better than we are as photographers, even amoungst the "pro's". That's where I think people get all balled up into things that perhaps don't matter as much as we would like.
If you are a critical shooter of color, perhaps it makes sense to purchase the newest/latest lenses from one manufacturer so that you get "color matched" images. But I've got to say, there is more variation introduced during processing, which can override "color matching" within lens groups.
If a person is concerned about resolution, just about any LF lens for 4x5 work made after 1950 will be diffraction limited by f/16. So there is no optically physical way a Rod Sironar-S will be "sharper" and in many cases "contrastier" than any other lens at f/16 or f/22. I'm finding out that even at larger apertures, there are many many older lenses which will beat a new plastmat in this regard.
The most important thing in all this is opportunity. Opportunity to take a photograph. Get what you feel comfortable with and show up 20mins early to get set up for the shot. Gear is just gear. Marketing fluff is just marketing fluff.
Caveat Emptor.
Early Riser said:
... you have to understand that there are many people who read these threads and don't have much experience. They seek guidance and sound advice regarding equipment, techniques, etc. When people make blanket statements or generalizations on these threads they influence others, sometimes in a bad way.
As I have stated several times I don't believe that expensive cutting edge lenses are necessary for ULF work, but for work with smaller negatives requiring enlargement better lenses are needed, and I explained why I came to that conclusion. Making a generalization that the only reason people buy expensive gear is for bragging rights or prestige is just wrong.