What's your favorite piece of gear?

someone mentioned the p38 in here, and those are the shit! I lost mine, but my favorite thing gear-wise is probably this sick American Camper multi-tool with a fucking tool where you can use sockets on it, and a few common sized sockets cut out of the handle. Pretty neat shit...
 
i was going through old stuff and i found my brother old pack.... it's one of those old skate boarding ones from when they first came out with straps for the board..... it's my new favorite piece.... it's surprisingly can hold a lot including my sleeping bag and there's the straps on the outside if im packing heavy.... and its got all sorts of straps and shit for tightening and compacting.... sooo fucking stoked on the find
 
I would definitely say my bedding. Specifically my bag but also my mat. This past winter I managed to lift both from REI in one go. The newest thermarest (1/2 size) and a 10o Halo sleeping bag. If you could wrap yourself in warm clouds, this bag would feel exactly like that. It's super light and packs down tiny. When I'm at home I actually remove the blankets on my bed and sleep in just my bag. It's like my security blanket from age 4.

I kinda miss my old bag because I'm just sentimental, but if you don't have to pay for it there are some very nice things to be said about new gear.
 
It was my dogs saddle bags, unfortunately I lost them a while back. Now I suppose my favorite piece of gear is my leather fold up cowboy hat. It's not a vital piece of gear, but it keeps the sun out of my eyes. That and my boots.
 
Probably my camping hammock or this Leatherman-style mulit-tool I found awhile back... to be honest, I've got rather nice gear for a hitchhiker, mostly because I spend more time hiking and camping than hitching these days. Got stuck into a semi-stable but unordinary lifestyle...