Interesting to hear you all share your viewpoints! We all do what works for how we quilt - hobby or pro, occasional or constant, artsy or practical, newbie or old-timer. No rules, no police!
I love textiles, period, quiltable or not! And I did buy a fabric line (Robyn Pandolph Scarborough Fair) sigh...because it was so beautiful that I couldn't resist. I peek at it in the drawer where it waits my hopefully growing ability to do something worthy of it, just for my daughter, because it is totally her.
But I don't stash yet - I try to balance my current enthusiasm for quilting to my current ability to commit to and to complete a project. Either that or I would be overwhelmed with guilt/quilt fabric which would weigh on me every time I thought about it wasting away in my closet when the money could have gone for something else we needed. LOL