*******f, you bring up some good points. I personally buy Hermes because I like their designs and craftsmanship, whether it be scarves, bags, slg's or jewelry. Since I'm not wealthy, and I work hard for my money, I justify the price because I can turn around and sell the item when I get tired of it, or my tastes change, for not much less (if at all, depending on wear) than I originally paid. You can't say that about many brands or bespoke items. If I never tire of it, Hermes will expertly repair and refurbish most items at a reasonable cost. even though they wear like iron and rarely need attention (even the scarves). I also like to tell myself that I am a bit of a patron, since I want to support their business and artisan production models.
I like the Birkin, but it was a long time and several other H bags later before I could convince myself to buy one ... not because of the cost or difficulty obtaining one (they're always available where I live), but precisely because other people attach a status symbol label to it, which I'm not about at all. That, and the fact that every celebrity in this city carries one, and I don't want to be lumped in with them either (unless, of course, it means getting a good table in a popular restaurant). I'm still careful about where and around whom I carry my Birkin, because of all the judgment that people can have. So, no, not everyone buys H to show they've "arrived." For many of us, that is the downside of our love of Hermes, but we bravely carry on with our affair, nonetheless.
I hope mafoofan gets his wallet. I have to say buying an H wallet was the only time I hesitated over something because of the cost. It was ridiculously expensive, but it is also ridiculously beautiful and functional (and still shows no sign of wear after two years of daily use). It's the perfect wallet, and it brings me immense joy every single time I pull it out of my bag to pay for something. I've learned not to argue with perfection.