I couldn't disagree more, VisualStudio is a glorified text editor - there is absolutely no reason for its monumental system requirements. Microsoft have completely forgotten about the core functionality of the product - programmers writing code. Instead they've bloated the thing down with many, many 'features' which only detract from that core functionality.
If you look at something like Atom with the Omnisharp plugin, it achieves everything I need from VisualStudio with a tiny fraction of the resources. Then again, if you're one of these programmers who write more code by dragging & dropping around a UI than actually typing (Microsoft has created a whole generation of these coders), then you probably need a lot of the VisualStudio bloat.