Bro, as a laptop - no, it's not outdated.
But the cpu is last year's CPU. The ram is last year's- DDRL.
In the IT world, new tech is expected minimum yearly.
There's nothing wrong with using last year's Mac tech though!
Dont be offended by that. Next year when people talk about how awesome their MBA ddr4 is... I'm still going to use my Haswell MBA to fulfill EVERYTHING I need to do.
Yes, I will admit that the cpu and ddr3 will not be as pimp as next year's tech, but I will still be fully proud to tell EVERYONE I use a Haswell... up till 3 years when I get a new Mac.
I use an S3 too. Not updating to S4. There's no need to get the latest tech always. Just be content with what you have. Then it doesn't matter what anyone says.
I can see this is probably about as far as you're willing to concede but what people "expect" in the IT world has nothing to do with this conversation. even then i'm not sure your claim is true.