I respectfully disagree with your logic, and thus chose "mic" in the poll. For example, you mention how many great tracks have been made with a $100 mic (SM57) with great pres. While that's very true, that mic wasn't used because they ran out of money--it was used because it's great for that use. And those same tracks could have been made with a much lesser pre--they woudn't have been as good, but they would have still been good. I use a 57 all the time--and I get great results with fairly cheap pres. In other words, the pre didn't make the 57 sound great--the 57 already has something going for it, the great pre just polished it.
I don't think a $2000 pre can save a $7.00 Nady SP-5 on vocals, whereas a U87 through my $200 pre will still sound pretty special.
Now, if it sounds like I'm saying it's ALL the mic--I'm not. They go hand in hand, and should increase in value and quality simultaneously. I think it would be wasteful to have half a dozen $1000/$2000 mics with cheap pres. But I also wouldn't spend a couple grand on a pre for a $50 mxl mic.
So first, give me a good mic, then next I'll buy a good pre for it. A little later, I'll buy a great mic, then a great pre to go with it. Then another mic, then another pre...
(Think about it this way: what upgrades were more instantly noticeable in your gear? For me it's mics over pres. With the better mics, I want better pres to get the most out of the mic, but it's the mic upgrades that take my sound up a bigger step.)