RCU has been flooded with "OMG, Sig is out of business!!!" threads over the past few weeks.

Download a kit manual from Great Planes http://www.greatplanes.com/parts/index.html#kits Near the front will be a huge list of tools and supplies. You do not need everything listed, definitely not from day one, but it could make a good "wish list" for birthdays and Christmas.

The tools I use most:
Hobby knife with #11 blade (buy blades in a box of 100, you will use them)
Sanding bars http://www.greatplanes.com/accys/gpmr6169.html I have these in 5.5, 11, and 22 inch lengths. I have 3 of the short ones with different grit sandpaper http://www.greatplanes.com/accys/gpmr6180.html on each
Razor saw http://www.zonatool.net/35-550.html and miter box http://www.zonatool.net/37-240.html
T Pin Driver http://www.greatplanes.com/accys/gpmr8050.html some hate this tool but I can't push the pins without it

Tools I have that I really like:
Dead Center Hole Locator http://www.greatplanes.com/accys/gpmr8130.html
Groove cutter http://www.greatplanes.com/accys/gpmr8140.html

No matter how many clamps and small vises you have, you'll never have enough
http://www.zonatool.net/vises-clamps.html
http://www.amazon.com/Palmgren-12253...0795653&sr=1-5
http://www.amazon.com/Pony-3274-Long...796428&sr=1-11
http://www.amazon.com/Pony-3273-1-In...796525&sr=1-58
http://www.nelsonhobby.com/clamps.html (Sliding bar clamps)

At the local hardware or paint store you can get cheap, clear plastic, drop cloths. Cut a piece to cover your plans. It iseasy to see through and does a good job of protecting the plans. I like it better than waxedpaper but it is strictly a personal preference.