Ive been using the cheep energizers for a few years now. I "upgraded" to a princeton tec but i still have the energizers. They are more dependable. The red light is awesome on them, my gripe is i need to smack them around to get them to work just about every time.
New for 2011 was wearbars and ultralites, loved em. The boots wont last through next year but im sure the wearbars will be fine. Best fishing investment i have made.
Shimano Volteaus rod, cheap and pretty damn good. Its heavy enough for gloucester cod fishing, well almost enough, works great for bait not so much for 16 oz jigs. Also good for 2 oz jigs for fluke.
Lime green mombo minnows
2012, Century stealth via Salthearts building class and maybe a VS 275 if the right deal comes around. I wish ZB made a reel with a quicker retrieve rate like a 275.
LL beans wader pants, for those times where i just dont need waders they will be perfect. I will probably need to replace my rapid river waders this year as well, they are gobbed to hell with aqua seal and other patches but are so damn comfortable i dont want to get rid of them.