Bret, you forgot drill press, bench grinder, band saw, power hacksaw, and TiG welder. Once you have a stick welder you realize you have to have a MiG, and having a MiG you realize how limited is is for specialized welding (most of what we do in the shop/ranch environment) so you have to get the TiG and two flavors of electrodes in three different sizes, with a selection of cup sizes for each, then you have to have all the rods, special gloves, and find out you need a dedicated bench grinder for electrodes, and then a second flowmeter for back-purging, and a special table with an array of clamping fixtures.
It never ends. You obviously understand the concept of doing three days of cleaning and moving junk to get to the tool you need, and room to use it, just so you can do a three minute repair.