Haha, you're right, Absolution. I mean, I have a Core 2 Quad + GeForce 8800GT, but I also have a separate development workstation which consists of a Pentium IV 1.6GHz and a GeForce 3. Obviously, that's not too bad, but it's certainly not "new".
It's interesting to see my code fly on my Core 2 because I spent so much time optimizing for the Pentium IV. Maybe my friend will just have to stick with his machine and just learn to write really kickass software routines that do the modern stuff that he wants to see