Being someone who pointed that out, maybe not that someone, I can't agree. Spider-Man wasn't Captain Marvel. CM was just as "super" as Superman. Spider-Man was powered, but not so much that it wouldn't make sense to pit him against regular criminals.
But still, as you said, he was a guy who heavily relied on gadgets to do what he couldn't, because he lacked powers. And despite how grandiose their schemes, his opponents weren't usually powered, or were they? I haven't read much of 40's and 50's Batman, and what I did was decades ago.