I grab out all the stuff I use early on every life- bags, teleporter clickies (key, bottle, d12), and a few utility items. Then, I clear it out as I level (particularly if it's the same as I used last life). If I'm waiting on someone for a quest, I do a little bit of clearing out. I did a big purge of stuff a while back, moving BtA stuff to my account storage and then stuff that never gets used to mules, so I have plenty of character bank storage for all the BtC stuff and any BtA stuff I just move back into the bank when I'm done with it. Takes me about 5-10 minutes now, huge upgrade.