We're not really into 'stuff' and didn't go too over board getting prepared and I'm so glad as we haven't ended up with anything we don't use and we've been able to buy things along the way that we realised we needed.

I had a couple of sample packs of breastpads and never used them- I don't leak. We bought all nappy creams, skin oils etc. as we needed them and have been able to get the right things for our needs. We were given loads of clothes and have been able to fill just fill in the gaps rather than doubling up too much (though we were lent a bunch of 0000 and 000 wondersuits & singlets which were useful to have loads of).

I advise keeping it simple. My essentials were a hug-a-bub carrier, rocker (ours isn't motorised but still very handy for shower/toilet), car seat and nappies. We didn't even use our pram or cot for the first couple of months.