I may be in that range, but a lot of it is apparel fabric. My resolution to not purchase any fabric except what is needed to finish projects isn't exactly a hardship at this point. Hopefully it will be by 2012. Mentally, it is not fun. I'd like to buy more batiks and large florals - my two new loves. Ah, well, this will help me learn to live on my new retirement income.
How many quilts? A 48" by 60+" lap quilt has to take four yards, so at least 125 quilts. My church asked for 45 by 54, but that looked skimpy to me.