I had to smile at this thread because the place I used to shoot at the most was a very wealthy gun club where the rich and powerfull like to shoot. These people had all the gear, but damn most of them could shoot too.
I can relate to Greg700 talking about precision shooting. I was in a range one day when a guy came in with an Anschutz Biathalon rifle. This is a .22 rifle made for the olympic biathalon where you cross country ski between target stands. Very expensive gun. The guy set up his target 10' away, and couldn't hit it. No exageration here. He was planning to enter a summer version of the event where you run instead of ski. The gun does not a shooter make.
I have mention another form of this that I see all too often. People coming out to the range with their dirty harry guns, spraying the range (but not the target) and then turning to me and saying (almost every time) "I just like the boom".
I get a kick out of watching these guys because there's a pattern to their shooting. They start at 10 to 20' for the target. Then they see me shooting at a little target at the end of the range (50 or 75') and move their targets back there too. A few shots later they're moving them back again!
I compete in Bullseye Pistol, so I shoot at those distances and at 50 yards all the time, but they don't know that. LOL