I've got through security with two laptops, a tablet, a pda, two camera bodies, 2 external HDs, and multiple lenses. I'm fairly certain "too much technology" doesn't register you as a terrorist on their radars (now, I'm a young white male who is a US citizen, so might be different for others). The only time I've ever had trouble was when their x-ray couldn't see though everything I had in my bag, and they wanted to go through it by hand.

In the scenario above, I believe I pulled the two laptops and the tablet into their trays, and left everything else in the bag.