I was in a similar position to you, although money was a factor for me. I also love vinyl. Nicked my Dad's old Sony hi-fi with a belt drive turntable and used to chill out listening to records, didn't even attempt to mix on it. Looked into getting a pair of turntables and a mixer. Second hand pair of Technics and an ok mixer, you're going to be looking at around £600 upwards.
Cons:
- they take up a fair bit of space. I'm a student in London and I live in a tiny, shitty house. There's barely enough room for me to do uni work let alone a pair of turntables.
- they weigh a tonne. Last three years I've moved every year, and I don't drive. Multiple bus trips with a deck each time = bollocks.
- vinyl costs a lot. £6.99+ for a 12" or £1.70 for an 320kbps MP3 or £2.70 for a FLAC (at Boomkat etc)
- vinyl takes up space, got to look after it
- if it gets nicked, you're screwed. Insurance companies aren't going to give you much for each record. Again, down to my crap house, might be different for you.
Pros:
- it's vinyl. it's nice.
Looked into timecode vinyl and the only ones that seemed worth it were Serato and Traktor Scratch. Thought Serato was a bit overpriced and preferred Traktor. Again, down to you what you like. But the same old issues with decks taking up loads of my room, which I don't have.
Looked into Ableton, but thought that, for me, it's just too much. Ableton can do some incredible stuff. But starting out mixing, it's going to be completely overwhelming. Also, it seemed all a bit pre-prepared for me, because you have to warp tracks. Track management seemed a bit weird as well, looked like a pain in the arse to organise tracks.
Looked at Traktor Pro, really liked it and it's what I've got now. You get the flexibility of Ableton-style mashups, looping, cue points, 4 decks (are you ***really*** ever going to use more than 4 channels?), but the ease of use of being able to load up a track and play it straight away by beatmatching it in, i.e. no warping beforehand as you'd have to do in Ableton. Music browser is good too, i've got loads of playlists or "crates".
I've got a MacBook that I bought before uni so I use that, with 4gb RAM. All my music is vinyl/cd rips or legally bought high quality downloads. Use a decent soundcard (PreSonus Firebox) and it sounds great. I've got a Vestax VCI-100, does the job for me. Lot of people using/modifying them on
http://www.djtechtools.com too. My whole set up can get into a reasonably sized backpack. Don't have to worry about records being nicked, got everything backed up to a external hdd and I'm going to get another one soon to keep at uni. Thinking about getting some kind of drum pad thing to trigger loops, cue points etc but want to keep it simple for now.
Don't worry too much about what you use -p eople will always hate whatever you do, ignore it. I found what is best for me, find out what's best for you. Look in shops, try stuff out. Personally I think take something new and do something exciting with it rather than stick with old stuff, but others will disagree because they prefer vinyl.
I still buy vinyl btw, mainly promos and limited editions that I like to keep in good nic!