Drysuit-wise, compressed neoprene is expensive stuff. A cheap compressed neoprene suit is something I would avoid like the plague. Check Hobby's thread about Ndiver suits before you make a purchasing decision.
Undersuit: Been recommended Bowstone...
I originally bought a Bowstone. Cost me £100. I sold it last Sunday for £30 just to get it out of my wardrobe - it's just not in the same league as a Weezle. Don't do it!
Reg/DV/Octo: Apeks TX40/TX40
I use a TX100 and a TX40 - like them both.
BCD: Buddy Commando TD
What I originally bought, since replaced by the Buddy Tekwing.
Before deciding on how to order it, you might want to
Read This
Fins: Mares Quattro (Everyone seems to recommend them!)
Divex sell Jetfins (very popular type of fin) for £25, you may want to look into it.
Console: Suunto 3 Gauge
If you have a computer, why do you want a console? Nasty inconvienient bulky things...