I think you're right, but in another sense I think the consumerist junk reading is just one segment of the population looking down their nose at another. I'm not sure that a game I quickly become bored with is substantially different from a weekend holiday. They're both things that occupied me for little time, but which I enjoyed for that little time and form positive, if rarely reviewed, memories. I don't go much for fashionable clothing, but I suspect the same is true there.
There are other arguments against disposable goods, but I don't know if they're strictly worse than the experiences that the maxim seeks to replace them with. It's a lot easier to replace a pound of cotton than it is to take a flight's worth of CO2 out of the air.
Edit: rephrased a line.