I'm kinda new to Routers also, but at Sears, starting next week, they have a sale on a router & table combo for $109.99. Sears model #28180 If you go to Sears web site,
http://www.sears.com/shc/s/p_10153_12605_00928180000P?vName=Tools you can see the specs.
Here is a description:
Craftsman 9.5 amp, 1-3/4 hp motor delivers 25,000 rpm. Soft start motor technology. Live tool indicator light. 334 sq. in. router table has smooth laminate worksurface, above table height adjustment, extended adjustable fence and built in 2-1/2 in. dust extraction port.
**** BONUS **** Starting Feb 22, 2009 if you are a Craftsman Club Member, you can get the same combo for $99.99. So if your not a member, then sign up!
http://www.craftsman.com/craftsmanclub/ It's FREE!!

I also bought this set of slot cutters at Harbor Freight.
http://www.harborfreight.com/cpi/ctaf/displayitem.taf?Itemnumber=93511.
Description: C3 carbide tips resist impact and wear
Precision ground, machined and balanced construction
Anti-kickback design
1/4'' shank mandrel
Kerf sizes: 1/16'', 3/32'', 1/8'', 5/32'', 3/16'', 1/4''; 16,000 RPM maximum, Cutters diameter: 2'', Arbor: 5/16''
It's a great router & slot cutter for beginers and since your're probably not going to use it a whole lot, then it will be great for your homebrew arcade project!
