I think entry level will be different for everyone. I would define it as the amount of money you could invest in a new activity that you are just trying out and may not continue doing. If I end up walking away from something and never doing it again I don't want to be out a significant amount of money just to give it a try. But nice equipment could be the difference between me trying it again versus never trying it again. So for me entry level would probably not be the cheapest rung of the ladder but for others it may be.