Well, where to start.....

Squire by Fender make really nice guitars, for intermediate / beginner players. I used to have a Squire Strat in the early 80s and it was fantastic !

If you like Blink 128 check out the link below:

http://www.zzounds.com/item--SQU318200

However it you want an axe with more versatility I'd go for a more standard model.

http://www.8thstreet.com/product.asp?ProductCode=6015&Category=Electric_Guitars

Now, in terms of whistles and bells well all you really need is an amp and if you are playing in your bedroom well even an amp is not necessary (I don’t bother with one if Im only doing scales).

The nice people at Squire do a "Starter pack" with an amp, a cable, a guitar,a gig bag, a pick and an instructional video.

http://www.8thstreet.com/product.asp?ProductCode=11890&Category=Electric_Guitars

I think Ibanez make one also, I don’t like Ibanez kit in general however you might ! This is where it is an advantage to go to a store and try out different packages.

On the other hand, people like Fender, Marshall, and Vox all make micro amps which clip to your belt (these are all very small but make an amazing amount of noise).

http://www.8thstreet.com/product.asp?ProductCode=6646&Category=Guitar_Amplifiers

http://www.8thstreet.com/product.asp?ProductCode=10856&Category=Guitar_Amplifiers

http://www.8thstreet.com/product.asp?ProductCode=2348&Category=Guitar_Amplifiers

http://www.8thstreet.com/product.asp?ProductCode=2349&Category=Guitar_Amplifiers

In addition you will want a cable, a strap and some picks all of which you can get at your local music store.

Don’t be afraid to buy on line, it is often cheaper than going to a store however it has two main disadvantages:

1) You don’t get to play the bit of kit before you buy

2) You don’t get to play other nicer / nastier bits of kit which can give you an idea or either what to avoid or what to grow into.

One last thing you may want to consider is a song book by your favorite artist that has chord shapes in the back (though chord shapes are easy to find on line). Make sure that this book contains tunes you a) like and b) know well enough to hum.

And finally....(pauses for breath).. welcome to Guitar tricks .com this place is full of people at all levels of ability, who are usually happy to help enthusiastic beginners.
Good luck

S