1989 Gibson Les Paul Standard (Crawlers)
1964 Gibson SG Standard
'61 Reissue SG (Riff Raffs)
Fender Tele 50th Anniv (Piledriver)
Caliber Tele (Boss)
Fender Squier Strat (1980's) (Apache)
Ibanez Edr470 (Crawler)
Vintage Les Paul Goldtop (BKP 91s)
Peavey 7 String
Cornford Hellcat Combo
Cornford Hurricane plus 1x12 Ext Cab
JCM 900 4101 100w combo plus 1912 Ext Cab
Fender 'Red Knob' Champ
Pod 2
MI Audio Black Box
The guitars I have used live recently - Les Paul Standard (Crawlers have split coils ), Tele - built like a tank, great range of sounds with the Piledriver and volume control, SG Reissue (very fast neck for me as I've got small fingers!) - all through the Hellcat Combo.
I like to play all the guitars at home but will probably sell a couple and also just keep the Cornfords. I could quite easily end up on the right hand side of Twinfan's 'spectrum' (been very close to buying a PRS and another Tele recently) but like Steve realised that accummulating large amounts of gear does not guarantee any improvement in tone/playing ability.
Re:
Major point to add is this - if I had to strip down that much, I'd have to give up gigging with my current bands
I bet if you didn't have such a large collection you would still be able to play in both bands with just 2 guitars and one amp - after all there are 100's of guitarists (amateur and professional) doing just that