I also concur with regards to getting an acoustic over an electric. And it's kind of silly advice, but spend what you wanna spend on a guitar. Guitars are one of those things where generally, you pay for quality. You can pick up a used guitar for as cheap as $40, and basically the amount you pay for a guitar can go anywhere from there.
I would personally say a good range for a beginner guitar is around $150-$200. That's how much I paid for my first guitar, which I bought from a pawn shop and it came with a soft case, some strings and a tuner.
Now, I own myself an $750 Simon and Patrick, along with a $700 Fender Strat and a large amp, and I'm buying myself a bass soon heh.
__________________
|