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Ice fishing is a simple sport. You drill a hole and catch a fish. But somewhere between the hole drilling and the fish catching, millions of dollars is spent on equipment. I know because I have extensively supported the ice fishing product economy and am one of many willing to shell out for every new gadget that hits the ice market. One thing I've learned over the years is that it's better to invest in quality gear. But even getting started with the best gear will cost you surprisingly little. Here's a list of items to get started with: BASIC panfish ice fishing gear Warm clothes and b …