I just burned a lot of cash on a new studio. I have not been able to put it all up yet because I need a new desk...
Useig Logic since v7 and I love it. Will never use anything else as a main DAW but Ableton Live is great too. I will buy it later. It is great for some tasks that other DAWs lack. Running on a Mac Pro Quad 2.93 GHZ
Just bought a Apogee Duet interface. Cute little thing

Very handy. But I will replace it with a Apogee Ensemble later this year. Need more than 2 IO. Sound quality is very good. Mac users should check out Apogee.
Using Pod Xt Pro (with all model packs and PoDFarm plugins) for guitars. Used it for 6-7 years. I also recently bought a Digitech 2120. All good if you are unable to use or record with real amps. The 2120 sounds way better (own tread about it in here)
Bought a SHURE SM7b microphone. Recommended! I think Dev use one of those on the video of him recording vocals for Supercrush.
Dynaudio BMA5 mk2 monitors. have not tried them yet

I got control surfaces from Euphonix yesterday. They are owned by Avid now. Got the MC Control and the MC MIX. Very extravagant of me..I know. But cool stuff.
Using some other software
Software Instruments: Native Instruments Komplete, EZ Drummer, QuikQuak and Korg Legacy on demo trial (looks like I have to $$ for that one too).
Effectplugins
I have all Waves plugins but I deactivated most of them. I use Waves SSL 4000 collection a LOT. Also have the NEVE emulations, the API series, CLA 2a, 3a and 76. The H-Delay and Doppler plugs. Recommend people to download the complete pack. try them out for some months. I did, and after that I found the ones I liked and needed. Most people wont need all of them. Find your Waves plugin...
Have all plugins from Softube and they rule the planet...
I use Lexicon and Audioease AltiVerb for reverb.
Also use AudiEase Speakerphone a lot, very fun to use!
And I use the Flux plugins whenever I need a more modern sound or precision tools (not that often). I recommend Sonnox Oxford for this purpose too. They are great.
Own some hardware synths/sampler. Play PRS Custom 22 guitar and poke around.
Not much negative to say about it though. I have a fear of killing creativity with to much gear. Done that once before...