Hi JMB. Good choice for a starter. As for what to save for...How about an RCOS 20"? Just kidding...
Ummm, a 'Chandler' 'large version' Planishere, red LED torch, adjustable height chair, 7 x 50 bino's, some star charts, altho good ones are avail free, >
http://www.skymaps.com/ & an app. (CDC), for your computer, >
www.stargazing.net/astropc/
Oh, & this might come in handy as well >
http://skyandtelescope.com/printable...rticle_790.asp
As for E/Pcs, filters etc etc, others can advise. (I like Meade)
L.