To insure you have the easiest time possible, and get great beer from the start, here is what I consider the best starter setup for homebrewing with the least amount of money spent. I'll also include my views of the various pieces of gear, and any variations that may be out there. I'm going to focus on an ale setup since they are easier, and the type of beer I have experience making. I'll toss in some notes for those brave enough to start with lagers.
I'm going to get detailed, but don't worry homebrewing is easy, and legal in most places. This is just what I think every starting brewer should have, every homebrewer has their own opinion.
The Starter's List
1. How to Brew by John Palmer
2. Cleaner
3. Sanitizer
4. Stainless Steel Brewpot
5. Long Spoon
6. Fermenter
7. Airlock aka fermentation lock
8. Temp Control - critical for great beer
9. Hydrometer
10. Yeast nutrient
11. Auto Siphon
12. Bottling Bucket
13. Bottle Filler
14. Bottles
15. Kitchen scale
16. Strainer
Details and opinions after the break.