That club is ridiculous. Absolutely ridiculous.
Larry - is it not feasible to have a shop at home in the garage or basement? A 10k investment will get you a pretty decent setup in a basement or garage. Even less if you look for used tools.
I'm not questioning the value of woodworking clubs and shared equipment at all - just those situations are difficult to find. You CAN get started on your own, especially with the wealth of information and videos available on the internet. And not to mention extremely helpful folks on forums like this one!