As a "Drupal Developer" I can verify this is so true. It makes hiring competent developers in this space nearly impossible. Most of the people that I compete against know how to barely cobble together a couple modules and think that putting some hackey PHP code into a view field (which is stored in a database) is "coding".

Or that coding of any sort is some how not "The Drupal Way". I despise these people.

I would counter, however, that any developer who can accurately explain from start to finish how Drupal handles a request is worth their salt.