A little update. I have purchased a router on ebay.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewI...me=STRK:MEWN:IT
It was inexpensive but 1/2" collet and 2.2 hp for about $40. I'll let you guys know what I think of it when I get it.
Also, I purchased the wood yesterday from the Wood Smith Store. They had a decent selection of wood. I went with two poplar body blanks in 8/4, each a single piece 15" wide! I also found a great piece of flamy maple for $8. Enough to do two 1/4" tops. I had to pull out 8 - 12' long or so boards off the top of the poplar board I wanted though. It was quite a workout, but well worth it. When I tap on these poplar blanks, their tap tone is very lively, with a sound that reminds me of the wooden blocks from a xylophone. The grain is very distinct and the little bit of green mineral streaking is fairly subdued. This poplar is actually a good candidate for a transparent finish!
Also, here's the epi bolt on jr. that I am using for a template:
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewI...me=STRK:MEWN:IT
I'm going hollow though, ala Gibson's Bluesbird. I'm very good with electronics, so I'm going to tackle the varitone as well. Here is where I'm going to get the varitone from: http://www.bigdguitars.com/. The back will be poplar in a Les Paul shape, and the top will be 1/4" flame maple. I'm very excited about this project! The neck will be a USA Custom Guitars 25 1/2" scale neck, but I'm not sure if I will follow the Gibson formula and go with a Mahogany neck.
I also picked up a good sized square from walmart. I didn't have any kind of useful straight edge.
My next purchases will be clamps, plywood (for the templates and clamping the maple on), glue, a sanding drum for my drill press (can you guys recommend something in this area?), sandpaper, and of course, hardware for the guitar.