Does this diminish the fun at all for our group? Not at all. We cheer for eachother, and loudly, when one of us pulls off something spectacular like a particularly awesome kill against a well-statted foe.
And that's what it boils down to, doesn't it? If we're having fun, we're doing it right. I just hope to Gain The Advantage with this thread and keep my similarly-armed and armored group of 5 entertained.