Alan,
I agree with the other members who commented on tool quality. If you buy cheap tools, you will regret it. It's not that you can't good tools at lower cost, but... As a beginner it's very difficult to determine what is decent at a good price and what is low-priced junk.
As you can see from my signature, I have a few Festools. So I'm probably biased. Take what I say with a grain of salt...
Regarding "traditional" power tools, I think are there are some tools that you will want to get - a thickness planer, a jointer (or a sled for your thickness planer), a band saw, and a router table. Also, a decent bench drill press could be useful for furniture. You can use a good jigsaw (some of the Bosch or the Festool jigsaws) in place of a band saw for some things and you can use a hand-held decent router for some things. But a planer, jointer, band saw, and router table provide you with lot's of flexibility.
Regarding a table saw, I don't have one. I've thought about it, but haven't found a situation where my Festool saws (TS55 and Trion D-Handle) or my Japanese pull saws couldn't deal with. The only places where I think a table saw would be significantly better is if you were repeat-cutting LOTs of wood or if ripping a fair amount of small, narrow wood.
Regarding Festool vs EZ... EZ makes good rails and accessories. However, they don't make power tools. So you will have to buy the tools and integrate them into an overall system. For example, you'll need to get a good quality circular saw to get good results.
IF you already have a good quality saw and other accoutrements, then the EZ system makes sense. If you don't have these, then a big question is, do you want to integrate your own system?
One advantage of Festool is that they make a tool system. Their vacs work with almost all Festool power tools. (Sorry, no dust collection on their drills! ) The Festool saws and most of their other tools have dust collection built it. The Festool saws' base plates are designed to work with their guide rail system. Other tools like the jig saws and routers have accessories to allow them to be used with their guide rails. The guide rails can be attached to their MFT's. The MFTs can be used with a bunch of Festool-made clamps and accessories. And almost all of their tools come in an integrated system of storage containers called Systainers.
Are Festool tools absolutely perfect? No, of course not. Only an idiot would believe that any tool or system is perfect. But the tools are high quality and reliable, it works, and most importantly, the Festool system is already integrated. Part of the reason the Festool fanciers like Festool is that we spend more time being productive and less time trying to make our tools work.
The downside of Festool? Cost. They are spendy. I like to think of TANSTFL (There Ain't No Such Thing as a Free Lunch!)
Good luck with you decision.
Regards,
Dan.
It's amazing what you can accomplish in the 11th hour, 59 minute of any project. Ya just have to keep your eye on the goal.