Oh totaly. I know that most TF collectors do so for the toys and toys alone. For me, it is more of a case of collecting the TF mythos along with nostalgia.
Hence statues, not busts mind you, have always really appealed to me as I can literally have a 100% anime accurate Wheeljack standing in from of me. i.e. me collecting mythos.
The G1 toys play into my collection for nostalgia purposes.
Thus I really do define myself as a TF mythos and nostalgia collector rather than a toy collector.
Ofcourse, everyone who knows me disagrees, but then, none of them collect so I don't think they see the subtle difference that I see. Or ofcourse, maybe I am just deluiding myself with words.