Only if you buy into it.
We were on Windows 2000 until this year finally moving to XP for multi-media compatibilty (specifically Flash) reasons.
I've been around since dos3.3, looking forward to upgrades went out of the window a long time ago :)
The only interesting hardware innovation in recent times has been an interest in reduced power consumption / back to passive cooling.
Then again, I'm a guy with a 486 upgraded to P54C with 32Mb RAM as my email server.