What equipment should I get?

I recently got a new, higher paying job, and I have some money to throw around. I've also got a lot of room in my unfinished basement which would make for a good home gym, pretty spacious. I really HATE going to the gym, especially now with the warm seasons incoming and a lot of crowding.

So I was thinking of the basics I'd need, even though I have more cash, cost is still an issue, so what I'm looking for is mainly multi-purpose, cost-efficient stuff. Here's a list of what I'm thinking (already have a treadmill).

-Barbell. Is there a specific brand/type I should get? It needs to be light enough to use for lunges and the bench press, but sturdy enough to support deadlift and squat weight.

-Dumbell set. Though I don't support the Bowflex equipment, they did have an interesting looking dumbell rack setup, any opinions on that or other stuff?

-Bench. There's probably a million suitable pieces to satisfy this bare requirement, but do you know of a sturdy bench that can be shifted into an incline?

-Squat rack. I can use this for chin ups, dips, squatting, etc. It shouldn't be too expensive, pretty basic framework.

-Weights! What's a cost-efficient weight set for use with the barbell? My gym has a seperate bar for the deadlift weights, which are also different from the bench bar/weights. Is this simply variability, or is it an actual exercise/safety issue?

I know machines are frowned upon, but does anyone have any reccomendations for stuff like the lat pulldowns, etc.?

I don't expect this one post to satisfy my answers, obviously I have to do 90% of the searching myself, but if anyone with home equipment or experience in the subject can shed some insight or offer good brands, it'd be much appreciated.
 
what is your budget?
 
Pretty flexible. I was doing pretty good before the raise and I have enough money to purchase some pretty decent stuff.
 
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