I agree, but disagree with this. While I really feel that most of the nuances are lost for most of our audiences because they just don't here things the way we do and we should never call our audiences stupid drunk or idiots no matter what you really feel. Most of them pay money to see you, so insulting them is just wrong.
As for the gear and all the rest of that, no most people in the audience (MOST PEOPLE) don't care if you are playing a $50 Rogue or a $6,000 Ken Smith. For most it just goes past them. If the band is grooving, it doesn't matter what you play, what amp you have and on and on. However, to some of us, we really look at the gear and what bass is being used and the bass amp. Some of us really dig discovering who is playing what and how they do it. To the average listener, no they really don't care. What does matter is how the band sounds