Eldar said:
So the question is; Are we losing track of why we are doing this, in all this technical progression? Are we losing our ability to see a good picture in our strive for technical perfection?
There is imaging as a science, and imaging as an art.
For some, "technical perfection" is really all you need and aim for. For example, if you're an astronomer, you're not really interested most of the time in pleasing and artistic images - although sometimes they work well to get more funds

You really need to extract the last bit of data from an image, and ensure you can avoid, or at least identify, any artifact that may deceive you. The same may apply to other sciences, reconnaissance, surveillance, etc.
Then there is imaging as an art. Here what you're able to tell is more important than pure technical perfection. Sure, if you need to show your images 3mx2m or more. you need to ensure they still look good enough not to ruin what they say. But here the obsession with DR, noise, corner sharpness, etc. is probably going too far - although it's not anything new, it happened in the film era as well (fine grained development, zone system, Kodachrome vs. Velvia, etc.).
"Commercial photography" - fashion, advertising, art reproduction and the like, is probably something between the two extremes - you need a pleasant image, still you need enough "technical perfection" for proper and pleasant display, often on good "output devices".
I've read somewhere (IIRC, it was a Feininger book) most photographers go through three stage. Stage one is when you're trying to master the technique, so you're obsessed with it. Stage two is when you master the technique, and become obsessed with "technical perfection" - and often become obsessed with possessing the "best gear" to achieve it.
Stage three is when you become aware photography is a communication and artistic medium, and start to aim at expressing yourself through it (and sometimes - it's a thought of mine - became obsessed about it too

). Some photographers skip stage two, others never leave it, and are the perfect target for photo gear marketing (there are also those who never leave stage one, sure).
IMHO stage two is not negative per se, even great painters went through a stage when they imitated previous great ones, and meanwhile sharpened their skills. Being able to master techniques may be important, and you may need to focus on it sometimes. Musicians too need to perform some boring exercises. Just, owning a Stradivari and a perfect tuning of it through an hi-res sound analyzer won't make you a good performer.
Yet if someone is happy collecting gear, buying/selling it, and peeping pixels, well, there are worse things you can do in life

Simply ignore them, if you like.
I have a physicist education, and thereby I'm usually also interested in the technical side, that's why I follow this forum - it's fun, nothing more

But I'm not worried at all the next yet-to-be-announced camera or lens will put my images to shame (technically speaking), so I need to avoid to take any image until I get it... ;D