Having too much fabric became a problem for me in November. I had a large shelf full of flannels and no room to put anything. So I enlisted a friend and we made donation quilts out of the flannel and now there are just a few pieces left and I feel happy and free. It feels good to give fabric away to a good cause. It sounds like you are doing a good job of letting go, keep you favorites and let the other fabric bring joy to someone else.