Generally, that is true & I would be the 1st to add that the average genuine Rolex owner is often the least enlightened of all.
However, that said, experience has taught me that there are many young WIS types out there, even if you are not aware of them. & do not assume that because strangers do not comment on the incorrect sized/shaped links in your fake rivet bracelet or screw pushers on your non-Oyster dialed Daytona or neon-like glow emanating from the dial of your 'vintage' Sub, that they are not aware of these glaring mistakes. They are.
A few years ago, I ran into these 2 guys in their early 20s, who offered to perform some restorative work on 1 of my vintage cars. As we were looking at the car, 1 of the guys spotted my Bond Sub & began rolling off a laundry list of historical details about early Subs that made my jaw drop. Now, neither of these guys wore watches &, based on their age, dress & overall habiliment, I would never in a million years have pegged them as being WIS types. Had I been wearing a standard Sub rep or even a questionable franken, I expect these guys would have walked away with an entirely different impression of our meeting than they did.
Back when I got into reps, the rep world was pretty much word-of-mouth & you could be fairly confident that as long as the name on the dial was not ROLLIE & you did not look like you just fell off a turnip truck, you were unlikely to be found out. But, today, with rep sites often outranking their gen counterparts on google & with every 3rd spam hawking fake Rolex watches, the knowledge pool has greatly expanded among the general public. So, while you may still fool most of the people most of the time, your chances of being viewed as a poser have also gone up.
Just sayin...................