You sort of knew that bit was coming, but you can't really be prepared for that much hogwash that quickly.
First, they're obviously not a timeless example. A distinguishing feature of their time, compared to ours, is that there were no qualified aerospace engineers. Another feature is that the scientific and analytic culture was far more disjointed, immature, and parochial at the time. Consider, for example, fusion research today. No amateur will produce a burning plasma. ITER will. Because the scientific environment is more sophisticated, and is able to take on challenges outside of what amateurs can.
Second, they are not a prime example about the efficacy of a degree regarding "success," not least because n=1 in an endeavor riddled with variation. It's equally likely that they got very, very lucky, in spite of their apparent rigor.
Third, and finally, "[e]xperience, imagination, and courage" are not dichotomous with a "degree or title." It's not really apparent to me that, outside of the imaginations of sophomoric libertarians, that anyone believes that the world is stuffily dismissing outsiders who clearly have the facts on their sides in scientific and technical endeavors. Focusing on this fair-tale split between imagined elitists in their ivory towers and the pragmatic and gritty masses betrays a fascination with a staple of corny Americana, the garage workshop and its ilk. It's trite, predictable schlock.