I find it funny that this thread started with an anti-GAS theme and very quickly turned into a GAS related discussion. :D
Ok: Antigas: Danelectro's, Rickenbackers, most Eastwood-models, Epiphone Crestwood, most metalguitars, guitars you pay half the price for only the name on it (actually the whole customshop-hysteria, every brand has now a customshop, yeah, yeah), customshopguitars with so-so-pickups (you have to invest more and end up buying BKP's) and hardware (like tonepro's), expensive guitars with bad finishes, etc...