The thread title is a bit of a conundrum. Because I took the pic below with a old Kodak 2.1 MP camera that cost almost as much as my 7D. So it's old but it was NOT cheap. 
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RLPhoto said:Its threads like these that weed out the true photographers from the Measurebators.
Christian_Stella said:This is a fun one not necessarily meant to show a great picture... Here are three pictures of the same statue (Rape of the Sabine Woman) in Florence, Italy that I took in three different years as I learned more about photography and upgraded equipment.
The first photo was taken in 2007 with a Panasonic DMC-FZ5 PnS.
The second photo was taken in 2009 with a Canon XTi and the kit lens.
The third photo was taken in 2010 with the Canon 5d mark ii and a 24-105L.
I plan on taking my 5d3 and a Zeiss lens next year!

Scott said:This is still one of my favourite photos i've ever taken. It was shot with my first dslr a Canon 450d with a Sigma 10-20mm.
Looking back through my old photos, they seem to be better than the photos i'm taking now with my 5dii. Something's not right here...
Queen Victoria Building - stairs 2 by Scott_Henry, on Flickr
Scott said:........
Looking back through my old photos, they seem to be better than the photos i'm taking now with my 5dii. Something's not right here...
Queen Victoria Building - stairs 2 by Scott_Henry, on Flickr
DJL329 said:Great thread!
Here's a favorite shot I did back in 2002 using a Canon Elan 7 (35mm) and Tamron 20-40mm f/2.7-3.5 lens.
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http://www.flickr.com/photos/43086792@N03/6109172480/#in/photostream
And here it is again, a decade later, using the 5D Mark II and the same Tamron lens! (Pulled out of the closet, for just this purpose.)
28mm, 60 seconds, f/16, ISO 50, with B+W 10-stop ND filter
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http://www.flickr.com/photos/43086792@N03/6971309974/#in/photostream