As I looked at my cheap tool kit that I picked up from a big box store years ago, I cannot help but feel it wasn't a good one. It got me through many basic tasks, but about 1/3 turned out to be useless because of the quality. The rubber on the screwdriver handle started to strip as soon as I started using it. Now it's smooth and clean. So I started thinking I need a new tool kit.

But wait, why a tool kit at all? Why not build my own? What's your philosophy on this?