Hi, I wouldn't worry too much about the latest and greatest gear - best thing would be to have a look at Sportsbikeshop (there's a click through from the forum) or popping into somewhere like J&S. All the kit they sell will be safety rated, so it sort of depends on what you want to spend, and what kind of riding you'll be doing. Great gear is definitely a plus, but if you're going to be a fair weather rider, the latest goretex Rukka suit is not a must. The key thing (especially with helmets) is to try them on and make sure they fit well. Snug all round. Not painfully tight. And the right shape for your head. I must have tried a dozen before I settled on mine.
As regards dropping the bike, it does happen, but it doesn't have to be a big issue if you've got some sort of protection (crash bungs etc.) so it becomes a choice between having something new, shiny and hopefully reliable, or cheap, less to insure, maybe higher maintenance costs.
Training varies. I booked CBT then just weekly lessons ad hoc until I could get a test date. YMMV.
Have fun and take it a step at a time.