Ex_Pat_Tanker wrote:
Tools that I use regularly: (in no particular order)
Narrow pliers.
set of jewelers screw drivers (flat and phillips).
Medium Phillips screw driver.
Medium Flat blade screw driver.
Cordless power drill.
El-Cheapo 12v mini drill (I use this for grinding plastic and resin, I can wear the bearings out on 5 or 6 of these out before I get to the price of replacing a Dremel!)
Dremel (I save this for drilling, and for slitting work where the El-Cheapo just wobbles too much to be of any use!)
100/140 Watt soldering gun.
drill bits from 1/32" upto 10mm.
set of Needle files.
Wire brush to clean needle files with.
Stanley Knife.
small craft knife.
Steel ruler.
External mix airbrush - my cheap $20 Badger is great for applying an enamel base coat.
Internal mix dual action airbrush - I prefer to limit this to doing detail work with acrylics as they are easier to clean up when you're done.
Compressor for airbrush - nothing fancy here, mine is non adjustable with a working presure of 30psi but it gets the job done.
Junior Hacksaw.
Mini vice.
some kind of punch or braddle - I use an old wood screw for knocking out track pins

.
Hammer.
A decent set of paint brushes of various sizes. I use Atlas and Tamiya at the moment.
Set of metric allen keys.
You don't need to rush out and buy them all at once, but I'll bet most of the guys here will agree with this list..
Hope this helps,
Mart