This is true. Any late 30s / early 40s greaseball banker/lawyer/consultant can drag his ass into a dealership and buy a new 997. But it takes taste and class to find and purchase that 993 C2S.
Performance-wise, comfort-wise, etc, the 997s are a better car, but buying the 993 was a matter of choice, not money. I could give lots of other reasons, but they wouldn't go over well here.