My set up:

B.C Rich N.J Warlock
DOD Metal
First Act 25 Watt Amp
My Rig:

Schecter Omen 6
DOD American Metal
Vox AD30VT
new amp then guitar
Epi. X-Plorer
Line6 Spider III 120
Boss Phase Shifter
Boss Blues Driver
fbv2 Footswich
HAHAHAHAAHHAHAHAFIRSTHAHAHAHAHAHAHAHAHACTHAHAHHAHAHAHAHA......Ok now that its out of my system i would say new amp first or an acoustic if you dont have one. But serisously you could get a better amp than a first act for the same price.
definetely a new amp
Ibanez VBT700 V-Blade
Ibanez RG220B
Dean Vendetta 1.0
Peavey Valveking 112
Digitech XMM Metal Master
Digitech RP80 Multi Effects
Dunlop Crybaby 535Q
Boss NS-2 Noise Suppressor
amp and then a guitar. You need both, so I wouldnt spend too much on either.

Vox Valvetronix or a Roland Cube. Maybe an Ibanez RG321.
def amp
2006 Fender Deluxe Players Strat w/ Stephens Design Mojo pickups
Gibson SG Special
Carvin DC727 w/ Bareknuckle Nailbomb 7 and CWP 7
Mesa Boogie Mark IV head
Mesa Boogie 2x12 Cab MC90/EV200w

VP of Carvin Club but call me Il Duce
cube 30, schecter omen 6
My Gear:
Fender American Deluxe Stratocaster
Epiphone Sheraton II
Fender Blues Deluxe Reissue
Teese RMC Picture Wah
MXR Carbon Copy
Keeley Modded TS9
Korg Pitchblack
Schecter Omen 6
Dean Performer Acoustic