The extremes are 1) Individual bits as needed by a high-end manufacter (Freud? CMT? Jesada? I'm looking for recommendations). or 2) a starter set of 13 or 20 bits from any old manufacturer (Woodcraft?). I even saw a 30-bit set for $40 at Costco this weekend. Will I be satisfied with an inexpensive starter set, or will I have problems, like inferior cutting, overheating, vibration, etc?
My bit usage will be tend to be light - occasional weekend projects, though my first project will be to mill 3/4" by 1/2" deep dados in at least 60' of oak handrails.