I have lately been considering reducing to the essential, or close to it. Been going through things with an eye to reduce.
The gear I have I do because it was something I wanted at a good price, and almost all those items have now all gone up in price, so I'm motivated to sell, but I know replacing anything would be more expensive than getting it was. This why I have the gear I have.
I did just sell a guitar neck though, so things are always changing. However, definitely no need to acquire anything beyond perishables. I'm good with what I have.