I have an old ESP (LTD) Eclipse back from about five years ago that needs a new input jack, but it was solid for how much I played it and abused it. I still have a small Marshall (solid state) practice amp. I sold my Marshall half-stack a long time ago because it was simply too much, and there's no way I could have played it in the dorms in the first place.
I recently purchased a Hofner CT Club guitar (semi-hollow) that my friend and I both play. I used my Musician's Friend car, and he's paid me cash so I can make the payments. I still play it more than him, and I wouldn't doubt that he gives up trying to learn and gives me it after the summer's end. It has great sound, real quality for 400 bucks (it's originally 1,000 -- but Musician's Friend kicks ass) -- and I'm very impressed. Love the Piezo sound you get out of it being a semi-hollow, and I dig those acoustics. It rocks well for the blues and jazzier stuff -- but isn't the kind of guitar you want to play metal or hard rock with. It's pretty versatile. Here's a few pictures.
You can check out the others here.
Hofner's are bad ass. Just ask Paul McCartney!
As far as future gear goes: I'm in debt right now and just started working, so before I get any more new gear I have to get back into the + category with money. I hope that next summer (it was originally this summer) that I'll be able to get a nice tube amplifier and cabinet (I'm thinking Orange Tiny Terror with a 2x12) and perhaps another guitar to go along with my ESP and Hofner. In reality, it'll probably be longer than that.
If I go into the Peace Corps as planned, they have a limit on how much stuff you can take -- so I'll probably just get a cheap acoustic, play my heart out wherever I am -- and when I get back to America, use the money they give me to get some better stuff.
I know that when I get a house down the road, I'll want to make one room a studio just for music. I am so excited!