That's pretty much it. It's a tool for the job. Yeah, like anyone here I enjoy nice gear/tone but once it's something that is gigged i.e taking a beating, the parameters for what is of benefit changes. That's how I went from a half stack to a twin. It was born out of convenience for working in congested nightlife areas...
I see rooms full of gear as more of a hassle than a blessing, but that's also cause I exist on a musician's budget i.e a shoestring. A half dozen moves across the country makes you wanna pare it down to the essentials. I own less nice stuff, gear and otherwise, today, than I did 15 or 20 years ago but my gigging tools are much more dialed in that anything I owned previously.
I've often though about what I would buy gear-wise if I sold my house and had some spare thousands to blow and the answer is probably some speakers and a third Twin Reverb...redundancy (assuming I was still gigging). Maybe a Quad or a Showman. How boring. But really I'd probably rather have a new 4 wheeler so I don't have to haul firewood in a wheel barrow no more.