One of the first tools I bought was a router and the book "Router
Magic". With that I was able to stretch to limit of what my 690 is
supposed to handle. IMO you can definitely build the items you are
describing with a router table alone, especially with the fence you
are talking about, but it will take you a lot longer to build them.
You can use the router table to make nice rip/crosscuts, but its not
really what its designed to do. At the very least, get a circular
saw. Use that to rough cut your stock and then cut it to size on your
Why would you want to pay $159 for a phenolic top if you are concerned
about saving money. Go to the BORG, buy a 4 x 4 sheet of MDF and some
Watco and screw your 690 to it. Use some saw horse to support it, you
don't even need a cabinet. That will save you space and the price of
a circular saw.
Like I said, I did almost everything with my router when I first
started. Get some books, do some researh. You definitely need to go
to Pat Warner's website to read what he has to say, especially before
you buy a router table.