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steve yawitzI really enjoy following such an approach, which I'm still refining. I started my "Finite Collection" about a year and a half ago after realizing that I just don't have the patience to collect sets and that my purchases that weren't for sets just seemed a little too random. I figured a finite approach - and I set my limit at my age, which was then 33, now 34 - would give me a nice balance by freeing up time and money I had been devoting to T206 commons, for example, but also making me a little choosier about what I bought.
When I started, I did exempt my T206 St. Louisans - I couldn't entirely quit the Monster - from the quota, but as Michael said, the nice thing is that you're able to make up your own rules or even to change them on the fly. In fact, I haven't had too difficult of a time staying under my cap and even have some room for growth right now but am still thinking of spinning off subcategories for hockey cards and for T206's. The hockey just because it makes sense to keep them separate from baseball; the T206's just because I'm getting the itch again and might need additional cap room.
Anyway, you can check out scans by following the link below to my site. I now have separate folders for my St. Louis T206's and the Finite Collection. Within the latter, I also have an album for all the cards I've sold since adopting this approach. For the most part, I can't say I miss them. I certainly can't have it all, so I might as well see how many cool cards can pass through my hands during my collecting days. Besides, the thrill really is in the chase.
http://imageevent.com/yawie99