Thanks for the info, guys. The other option I should have asked about is using a router with a planing jig. I have a workbench, so I could clamp the piece down and do it that way.
I don't like to ask these types of hand-holding questions, but I'm in a position to buy one tool right now and I don't want to screw it up. Thing is, I also don't want to compromise a build by using an inappropriate tool for the job. Right now I have a passable table saw and drill press. The band saw is hopefully going to be purchased before the end of the year. Once I get over this jointing paranoia, I should be ok.