personnally, I use a Fluke, but only because I need a good meter for my job and it gets used every day.
But for a hobby meter, you really don't need to spend much at all.
definitely go with an autorange digital meter.
the main functions you want are ac and dc voltage, ohms, diode and some kinda beep scale.
make sure the meter does dc and actual ohms. some of those small electricians meters that they sell at places like Home Depot, only measure ac volts and shorts or opens.
It would also be benifit to be able to measure curent too.
check out the Ideal and Greenlee meters, they may fit your needs well.
depending on what you plan on working on, it also can be helpful to have in addition to a digital, a small cheap needle voltage meter for checking quick burst of voltage like that found in the degaussing circuit of a monitor.