I feel you would be CRAZY to go out there and spend hundreds on gear. I spent a year working with a guy in London on tracks. His studio consisted of a HUGE Soundcraft desk (around 1 mile in Length) and tons of gear and FX (5 x MATRIX's, Waldorfs, Novations, Yamahas, Rolands, this list goes on). Overall this guy had spent thousands on gear.
What you have to remeber is he had grown up in a world where if you wanted to make electronic music you had to buy expensive machines in order to do this.
Now you do not. I use:
P4
2Ghz
512RAM
200HD
Ilyama 22" Monitor
Audiophile 2496
Edirol PCR-80
2 x controllers
HHB Circle 5/Samson Servo 260
SX.....
£1250
Why do you feel you need to buy a desk ? I cannot understand the logic in spending £1000 on a desk.
SOFTWARE is the future, just like FS is the future of DJ'ing.