Congratulations.
It's the best feeling in the world to be a daddy. You can see them grow and learn right in front of you it's amazing. Time will go by so much faster now, by the time you notice your kid will be 1 1/2 years old. Tell people to buy you stuff for later down the road, b/c most people will only by things for newborns and then you have multiple outfits that the kid hasn't even worn by the time they've outgrown it.
I'd probably have some pretty nice stuff that I'd let go for a lot cheaper than what I paid for it new(crib, matching changing table, entire crib set w/ matching curtains). I think it's about time that my son got his first toddler bed anyhow. I also have a lot of 3-12 month clothing for a boy.