Economic Choice: What would YOU choose?

[ratan]

Okay here's a standard question:

Would you rather spend more money on EOS Bodies or on L Lenses?

For example: 

I would rather invest in L lenses rather than on a camera body. Why? Because L lenses are investments and I can use them in the long run. Bodies while in the other hand refresh quite often. I have tested a crop sensor camera with a L lens and a Fullframe with a crappy lens. Obviously the crop sensor with better lens has better image quality. 

For discussion sake please explain your answers so the community can understand your point of view better.

[SiriusPhotog]

When Nikon switched over to an auto-focus system it didn't make their old lenses obsolete.

[cicopo]

None of this can be considered an investment, but quality lenses will hold a bigger part of their value than a body. The trick is to buy fairly new L's on the used market because you can then use them for a year or 2 and sell for just about what you paid, & sometimes even a bit more if you hit a deal in the first place. Most of the gear I use regularly was bought used, and that includes a 1D2n, 1Ds2 & 1D4. I can't recover close to what I paid for them but they do what I need done, and well. I can however sell any L series lens I've bought used for almost the same price after using them for however long I've owned them.