I by no means have a "complete" tool box... I'm fortunate to be friends with guys that have a fair amount of tools ( .RJ).... here is some of the stuff i have in the garage.
-Bench (solid oak... found on CL for $200, made by an OLD school carpenter)
-Scroll Saw (bench top)... sears.com clearance
-Drill Press (bench top, with lazers!) sears.com clearance
-Bench mount grinder... sears.com clearance
-Dremel (with lots of cutting wheels and grinding bits)... black friday sale at Home Depot years ago
-Hand held, plug in, Grinder with 4.5 inch wheel ... harbor freight!
-Corded 3/8 Drill... it will save your life.... sears.com clearance
My tool chest is just your average sears/craftsman set up. Just dont buy a lower section that has a big storage compartment... I find those useless. Its better to spring for the 7 drawer lower instead of the 3-5 drawer lower IMO.
My tool set started life as a cheap Husky set i bought from home depot ... because they were closer than driving to sears. So i have the basic 120 peice set or so. I've bought some things to add to the set... allen T handles (HF), different sized extensions, a spare 3/8 and 1/4 ratchet, 1/2 ratchet, two torque wrenches (thank God for christmas), swivel sockets (10mm and 12mm are the ones that are used the most), a couple of breaker bars, .... traditional stuff like a hammer, mini sledge, screw driver sets (i freak out of people are trying to remove a #2 philips with a #1 philips driver), i used to do sheet metal work so i have a hammer specifically for that, tongs, caplipers, lineman pliers, etc.....
The rule with my parents and brother for christmas.... any tool i'll be happy with, even if i have one already, i'm sure i could use two. I also shop on motionpro.com for their clearance tools... always look out for a good deal. I have motion pro stem removal tools, ratcheting wrenches, some T handle stuff, and tire spoons. Even at HF, as long as it doesnt have moving parts, its probably going to be worth buying.
Every now and then, especially since we deal with older bikes... its good to ask for or save up for the stripped nut tools and screw tools....