i've increased.
ok, ive got my 2 cheapies still, value =$2.00 for both, but worth the world to me

one of them, i scalloped frets 12- down and its pretty cool, but still just a cheap shitty guitar
i've got my knock around stienberger spirit, paid like $300 or so for, small headless guitar is the ultimate throw-in-the-car and drag around guitar, currently in pieces awaiting a new volume pot and possibly pickups while i'm at it.
i got my knock off double neck, a jay turser, very pretty 6-12 jimmy copy, for half the price of the epiphone. too heavy to play often, but a nice addition to the collection, and a hell of a conversation piece.
i've got my love, my mexi strat, the 'splatter strat' limited edition that was released for a few months about 2 or 3 years ago. i love this guitar, i just installed an LSR roller nut on it, and its uber cool.
my latest addition; my second love,
a martin 000X1 acoustic. currently on my second one, first one arrived with buzzing at the 10th fret and i'm expecting the replacement any day, but its a nice guitar nnevertheless.
my next; a yamaha flamenco nylon acoustic.
also needed, a new bass, im in dire need of a mexi jazz bass atm, i've got a cheapo chinese 5 string that i absolutely hate.
after that, who knows

prolly a high end electric, like a gibson SG or an american strat.