The kit will be good to get you started. As you progress and become more experienced you will want to get more equipment. This kit, like all other kits I've seen, don't come with a brew pot or bottles. You will want at least a 16 quart stainless pot. For bottles try scrounging all the non screw top bottles you can find. You will have to clean and de-label them but it will save you money. Oxyclean or ammonia both work great for removing labels.
As far as an ingredient kit goes, just pick a style that you like and give it a try. You will be brewing ales at first as lagers requires special colder temperature control.
Good luck and let us know what you end up brewing.