i just did this too. Threw out all my old crappy bits and kept one good set of drivers, one good set of bits for metal, for wood, forstners, and spade bitsWent through all my screw bits and drill/driver dealies.
Got the ones I use 90% of the time into two Dewalt borganizers I had, instead of being all over the fucking place.
Now I can grab those two and the new quick change drill bits I bought and be good to go for whatever. Instead of back and forth trying to find shit.
Now I just need to keep them this way.