My rig is very poor at the moment, I can't afford a decent amp so I'm stuck with a couple of cheap ones and all my guitars other than the WIP half warmoth strat are cheap too.
Guitars:
Epiphone G400
Marlin Sidewinder (got it for free, still needs a couple of repairs to be completely playable though)
Stienberger Spirit GU Deluxe
Some no name, generic, probably Chinese built Lap Steel (I really need to upgrade this)
Amps:
Fender Princeton 65DSP
WEM ER40 Head (one of the earliest WEM transistor amps I think it was built between 1969 and 1975 and only cost me £30)
H/H 1x12" PA cab
Effects:
Boss DD-3
Danelectro Cool Cat
Electro Harmonix Russian Big Muff Pi
Ibanez TS-7 Tubescreamer
Ibanez WD-7 Weeping Demon
Not a very good set up but the WEM is a nice little amp and with the H/H PA cab it can certainly move a lot of air and cause minor structural damage.
To be honest, that's some pretty hip gear. Talent has nothing to do with your wallet. I started out on Teisco and Univox gear, and, at the time, it sounded pretty good to me.