Collimation:
I believe the Glatter laser collimator (and tublug) are regarded as among the best, but are very expensive.
Additionally, some people say a Cheshire Collimator is more accurate but not so easy to use in the dark (as it does not include a laser). They are also much cheaper.
I use a cheaper Orion laser collimator and check the fine tuning with a Chesire.
The AstroBaby Collimation Guide is my bible.
http://www.astro-baby.com/collimatio...on%20guide.htm
Other Expenses:
You can start observing straight away without any further costs, but eventually you may like some of the following accessories:
A shroud is considered important by many to eliminate stray light (and foreign objects) entering the tube.
Bobs Knobs collimation screws for the secondary mirror (to avoid the risk of dropping an Allen key onto the primary mirror in the dark while collimating it.
A Red Dot Finder. I find the supplied finder scope is very good once you have the scope pointed in the general direction, but a RDF will help you get it pointed in the general area quicker.
Right Angled Finder scope. (I think the new models come with this included, by mine came with a "Straight through" finder scope which can be a pain in the neck after a while.
Dew Amelioration I don't know if this is a problem where you are, but if the mirrors dew up (as they do here often) it can be an early end to your observing session. Dew heater for secondary and maybe a dew shield cap (home made or commercial) may be in order.
Observing chair Allows comfort at the eyepiece, and steadiness, all of which allow more detail to be observed.
Finder guides Most deep sky objects will need a guide to find them. You pick some up free from some sites, or buy a book on how to locate them.
Stellarium is a free planetarium computer program that is a fantastic help to finding your way around.
http://www.stellarium.org/
I am sure others will suggest anything I have forgotten.
Most of all, enjoy
PS: I am not aware of any uses of "telescope oil" for a flex-dob.
Most important maintenance tips:
keep the tube cover on when not in use.
keep the base dry (particle board swells when exposed to too much moisture)
keep caps on eyepieces when not in use.