"low spec" now means "unimaginably fast and powerful" around 1995 and "Martian Supercomputer" in 1985.

At some point recently, we crossed a threshold from being hardware limited to being originality limited (or I did anyway).

Yep, I think we crossed that line with the release of Intel's Core2Duo line of processors. My 2010 MBA actually uses the C2D 2.13ghz, 4GB ram, and a 256GB SSD and it performs perfectly fine for 99% of my uses. Only time I feel bogged down is when I run multiple Play! Framework modules at once.

I remember when the first C2D benchmarks were released, it was hilarious at just how much faster they were than anything else around. Poor AMD hasn't recovered since...