They're different product categories entirely these days. The other DAWs aren't "toys" and in fact do a lot of things significantly better than Pro Tools.
Pro Tools as a product only makes sense at scale, with multiple people in the workflow in different locations. Same story for Media Composer compared to other NLEs.
I know they aren't "toys" but when I tell the Ableton crowd I use Pro Tools the common response is what one of respect for using more professional tools. I know it's mostly perception at this stage however this is from people who've been releasing music and touring with large crowds.
Pro Tools has brand recognition amongst non audio engineers and inertia of older engineers who can't be bothered to switch, but no-one actually likes it. Nuendo, Sequoia and SADiE are the Serious Professional options, while Reaper enjoys a growing cult following.
I like it. All the other stuff makes the music for me. I feel way more in control on Pro Tools. I make what's in my head and not what the software funnels me into.
