Wow, thanks a lot for all the responses guys. I really wasn't expecting to get this much feedback in a short amount of time.
As I said, right now I have one of those crap DT 838 meters (here it is in all its glory:
http://www.o-digital.com/uploads/2179/2201-1/Digital_Multimeter_DT_838_671.jpg ), and it's been doing a good enough job for my logic circuit needs. I don't really need auto-ranging from a meter since I can just set it to its 20V range and leave it there for logic stuff, and the continuity tester on my current one is pretty fast (those are kinda the only features I need in a meter for the moment). So right now I am somewhat covered by this cheap meter, but I might want to try out some audio circuits as well in the future and I don't know if this thing will do for these types of circuits.
@larry42 Yeah, I think I'll try to get one of those BK precision multimeters that were in the 100$ shootout and then keep a lookout for a second hand Combiscope.
@Dave Well that's weird, I thought I selected my country when I registered. I'm from Romania (unfortunately), and it seems the local market for electronic test equipment is pretty much nonexistent. I've been checking the local add sites for quite some time and all I see are the same offers, either vintage made in Romania or made in USSR gear or overpriced crap quality Chinese stuff. The only somewhat good meters I've been able to find are made by Voltcraft or Uni-T, and there are 2-3 used Fluke ads and that's about it. My local electronic stores don't really keep anything better than Uni-T in stock and the oscilloscopes they can order are stupidly expensive (about 500 Euros for a Siglent 1022 scope, and that's the cheapest scope they can get). Ordering stuff from ebay or amazon might be a good solution, and I think I'll do just that if I decide to get a new meter.
@TimNJ Too late, I already have this piece of crap for some time now and it's been doing a decent job for my low-voltage circuits. I'll try to retire it to a back up meter asap though.
@kolonelkadat I can understand having 2 meters, but why 3-4? As I said, this is more of a hobby for me and it's kinda late to pick engineering as a career, so I guess a crap meter and a somewhat decent one should do the job well.
@zapta Thanks for the advice, I guess a second hand DSO would be nice for debugging. Right now there haven't been any situations where I'd need to measure anything other than 5V/3.3V that I get from my voltage regulators and basic continuity tests, however there have been times when I would want to see what signals get into what parts and stuff like that, so I guess I'll try to get a scope first and upgrade my meters a bit later.
@AG6QR I absolutely agree that a meter is mandatory for electronics, however I already have a cheap ass one that I've bought a long time ago and seems to do a fairly good job. A scope however might help me debug my circuits and maybe learn more about electronics in general since I can see what's happening inside the circuit. So I think I'm gonna go with a scope for now. As for adjustable power supplies and signal generators, well I have a long list of gear to get but I'll stick to my Sega Mega Drive power supply and various oscillator chips I can find for now.
@Rick Law Right now this meter's doing a pretty decent job, however in the future I would like to explore other areas of electronics that might need a more precise measurement (audio circuits would be a prime candidate). Also I'd like to have another meter so I can check them against each other to see if they're out of calibration.
TL;DR: Thanks a lot for the feedback guys. Romania sucks at electronic gear (among other things) so I think I'm gonna get that Phillips Combiscope (it's a 40Mhz 20MSamples one) until someone else snatches it, mainly so I can see my signals and then try to get one of those BK precision meters Dave mentioned in his 100$ shootout. If someone has experience with these CRT DSO type of scopes, please share it in this post.