Well I finally did it.

After months of reading and researching the forum and info from the forum sponsors I decided to go for it.
I went with the Mighty Press 15 x 15
Epson printer with Durabrite inks
CorelDraw X3
Photoshop Elements
Coastal
JPSS paper, mousepads, coasters & puzzles
Spectrabright inkjet paper form JBL Graphics (8.5 x 14)
Tee's and sweats from jiffyshirts.com
Thanks to everybody on the forum who posted with their experiences (good & bad) and I will continue to hang around and do the same as I gain more hands on experience.