oooh, tricky question for an avid fettler. The only bikes I've actually bought in the last six years have been C2W roadbikes, and they don't count 'cos they don't involve actually handing over any money. The last big money was last autumn when I built the IBIS, and that was done by wheeling and dealing on a stash of parts from other bikes and a series of swaps and negotiations. SInce then I took stock and decided, that as I had probably built a couple of dream mountain bikes and had specc'd them to the point where I probably had the best bikes I would ever use, there were no upgrades I was likely to want. What's more, they have been maintained to a point where the consumables are still in great nick, so my wallet has had a good rest for a long time (for me) In the last few years I have probably spent an obscene amount on bikes by any standards, but now find myself weirdly content. The only nag is that the Soul has a 2x9 drivetrain, but as it's XT and runs a sweet as anything I cannot justify the extra expense of 2x10, and I'm not fit enough to bother with 1x10 for that or the IBIS. I don't even know what N+1 would look like- after all, I have a bike for trail centres, I have a bike for local bridleways, I'm not interested or fit enough for an out and out XC bike. The roadbike is superb for commuting and leisure riding. So, from now on, it's consumables only.