Have: MT-2, Super Chorus (I think - CE-3), DD-3, Dunlop 535Q wah.

Want: Equalizer, Compressor, or ditch the whole rig except maybe the delay and wah for a GT-6, since the wahs on the GT-6 are kinda weak, in my opinion.

While I do agree with the opinion that less effects can be better, I also can't deny that some cool music has been made using effects (e.g. Pink Floyd, U2, some EVH).