Canceled,
If you're interested in messing around with fly-fishing, then get ready to spend some money! lol I've been fly-fishing for 10 years and love it way more than any other style of fishing. For me, being on a river, with water flowing past, and the fish and wildlife, is really relaxing.
What you're fishing for will dictate what you buy; but for panfish, and trout I suggest a St. Croix 4 wt 7 ft rod. I've owned two, and they are a fantastic deal for the buck.
Its like growing man; once you get into it you cant stop. I have vests, waders, lots of rods, I've made my own rods, and what I used to love was tying my own flies. Try it sometime, its hella addicting coming up with you're own patters!
PS Saltwater fly-fishing for bonefish is the most stress i've ever felt. Its intense. I suggest trying it.