surprised this thread is still going
might as well throw my dime in.... i tend to look at the macroeconomics of this venture as opposed to the microeconomics. i.e. long term you will save money, and more importantly your health. there's lots of deals out there for juice and equipment/supplies. you do waste money initially finding the equipment/juice that suits your tastes/preferences/budget, that's probably unavoidable unless you have a mentor that can help you out.
i happen to be happy with my 2 ego 1100mah batteris (just bought 2 more of them for $8 each from tomsvapor.com) and cheap 1.5ohm dual coil XL cartomizers. you can get a 5 pack of the things at healthcabin.net right now for $5.20 (+s/h), i bought 6 packs, plus 38 i got for $40shipped from a member here, plus 15 others i got earlier for about $6 a pack at a different site.
as for juice, i have a hard time justifying more than $15/30ml. especially now that (also now for the holidays) healthcabin.net will sell you 110ml for less than $14 (+s/h), not to mention 10ml of flavoring for $0.70, so you can boost the flavor if you want.
locally though, i happen to think mtnvapor.com has the best all around deal; 30ml of juice, a free dual coil cartomiser, free shipping, $12 total.
the big problem is that there are a lot of shops out there, some are more greedy than others, thinking their super elite or something. hard to know which is which unless you go from site to site and compare apples to apples. now that i know what my 4 or 5 favorite flavors are, i'll probably switch to DIY and save even more.
either way, good luck with whatever you decide. shop around for supplies, and forget the mods for a bit.
BTW, how the hell do you change your avatar on this site? I can't seem to find it anywhere in my account/profile settings. or do i just have to yap more before i have the privilege?