We got rid of most of DS's things, but kept the quality stuff we actually used: wooden high chair, few cute outfits, slings & carriers, and I THINK I still have diaper covers.
We will need:
-new car seat
-prefolds & diaper covers, wipes
-simple cotton outfits (I don't know what they're called, but I'm thinking for early days, those cotton "dresses" that cover baby but open & close at the bottom for easy changing...that way I figure I can use diapers without covers....we EC'd DS when he was a bout 6 months old, and I figure cover-less might be an easy way to start while we get things figured out in the beginning and those things would lend themselves well to that vs. onsies that would be tight to the crotch and get wet when soiled).
-Stretchy woven wrap for newborn days (didn't use on ewith DS, but would like to this time around. I have my eye on this: http://www.sewfunky.ca/baby-slings/wraps/ that my neighbour makes and sells).
-maybe some padraig cottage slippers....still have DS's but didn't get them 'til he was a toddler
-some form of bouncy chair/place to rest the babe when I need a minute.
Dare I say that may be all.....no crib, no change table, no stroller, no fancy outfits (I'm sure some will be gifted), no bottles.
....I will try the nursing tank/nursing bra thing this time around....with DS I just wore crappy bras that were easy to pull up.