On another note, only purchase 1/10 the tying material you need or you will
never be able to tie all the flies you have material for in a lifetime. Most
fly tiers have hoards of fly tying material, stuffed in every corner,
collected from decades collecting.

Somebody here named Frank would most likely agree.

I heard my tying material hoarding name here.
Okay, on the vise. I've got a Norvise. Its really not a beginners
tool. Yes, you can do every thing in the world with it, but a
beginner may get frustrated, loose interest... and I get another Ebay
deal on a $400 vise (when you buy all the extras, i.e. the special
bobbins, thats what its going to cost).
Renzetis are nice, but they're overpriced for a fancy pair of
Visegrips with a stand. One vise I keep going back too is my
DanVise. Its the one piece of Orvis kit that I would recommend.
Personnally, I got mine as a Danica Vise before Orvis got the rights
to them. They are a true rotary, they will take tons of beating
around, and the only thing I've replaced on mine in 12 years of use is
two O rings. And trust me on this, I've tie a bunch of flies with
this thing (my traveling fly boxes are legendary). Even better, if
you pay more than 80 bucks for it, you got ripped off.
Frank Reid