People about cosplay...
Costuming has been around a long time: we find artifacts from tens of thousands of years ago where they were used to portray a being or spirit. Often those who played the parts in costume were held in high regard.
A little time with kids or a parade group reminds us all how much fun people have – let alone when there is a formal play being staged. Costuming is fun; it’s fun for people to pretend, but it should be understood by all that it’s to be pretend. Problems come when the “role” gets mixed up with one’s being; the role defines the person instead of the person defining the role.
As Jack Nicholson famously said to Michael Keaton as they were suiting up for their roles in Batman (1989): “Time to let the costumes do the acting.”
When the role is more than the person, that causes psych problems.
To answer your main questions, No and No. Cosplay is supposed to be about inclusiveness, fun, and showing your love for a character.
That being said, as with any group of people, there will be jerks on both sides. There will be those that make their costumes and look down on those that buy them, and vice versa. Jerks can be found at all levels of cosplay, just like regular society. And just like regular society, you have the choice to ignore the jerks and go your own way.
If you are happy with your cosplay, not competing in a 100% bought cosplay and are having fun, that really is all that matters.
People who make their cosplays receive just as many nasty comments and critiques as those that buy them by the way.
For me, cosplay is the art of bringing a fictional character to life using yourself as a medium. As people have already mentioned, cosplayers put a lot of money, time, and energy into their craft. Some will go to extremes to lose weight or learn a technique outside their skill level just to try and cosplay that character.
I really love cosplay and I find it is a mirror of how you will treat a lot of things in life, whether that is your job, your relationships, etc. The typical time and project management questions always appear (“Can I finish this in time for this convention?”, “Do I have the resources?”, etc.) but also some that you may not expect (“Should I just stitch this poorly to save time?”, “Will cutting a corner here affect the project later on?”, “Should I invest the time in learning this new technique and apply it to the costume?”). The way you answer these questions are exactly the same way you will answer these questions in real life.
That’s why cosplay is such a great way to make friends than other activities. Not only do you have a great excuse to geek out to like-minded people about your passions, you also can see whether or not they do as they say. You really get to know the people and can truly bond with them.