Cost wise, I just spent under $100 for everything I will need. A dozen phenol screw cap tubes, 10 sterile plates, two loops, 100g agar, an alcohol lamp, and a couple small flasks for step propagation.
Not trying to talk you out of it, but its not as spendy as I used to imagine.
Mark, your right about having pre-canned wort handy. I'll be adding half pint sized pre-canned to my supplies.
Out of curiously, do the screw cap tubes handle the vacuum of autoclaving 10ml of wort in them and tightening the cap while still hot? I like the idea of making a couple tubes up when autoclaving the slants. Then they are ready for inoculation with a single. But it seems like tightening the cap when they are still hot... the tubes might not hold up to the vacuum.