Just a note on soaps. Some of the el-cheapos will do a decent job. Wilkinson can be had cheap @ Wally's world, Rexall and I'm sure a whole bunch of other places. The smell is a little strong though. Williams is even cheaper, neutral smelling, Wally's carries it for sure. Either one will be a more than adequate starter.

Concur on the shave-ready razor. What most stores carry is good enough for buttering your toast and giving you nicks/gouges but not for any stubble removal.