While a WSM is a good way to go, consider a UDS and a weber one touch gold!
A Weber Smokey Mountain will set you back @ $400 before tax.
A UDS from between $100 -$200 depending how fancy you go.
A Weber One Touch Gold will run $149 before tax
Having both the UDS and OTG will give you smoking, grilling, and many other options at your disposal to amaze your family and friends.
It provides you with ready to go cooking with the OTS while you build your UDS.
I will apologize in advance as you will collect many more smokers as you gain proficiency in the art. Just the nature of the beast!
Welcome and good luck!
Hook Line and Sinker
Viking 30 inch Gravity Fed Charcoal Smoker
Brinkmann 5 burner gas grill with sear & rotisserie
UDS's 3 and growing
Char Griller w/SFB w/mods
Charbroil 7000 Gas Grill