Well, I started when I was about 14. Then I wanted to play GnR, Metallica, and other music that I was into at the time. I spent like a year emulating before I got bored. Before then, I would go to the bookstore and pick up a Metllica songbook with tab. After I got bored, I went to the bookstore again, but instead of going for a songbook, I got a general guitar playing book (I think it was "The Complete Guitarist" as Sam said). That got me beginning to understand basic music theory. I got hooked and have since read a lot of books on music theory and different playing styles. I haven't really learned any songs in I don't know how long, but I can play along with any song within a few seconds of hearing it, and I can write my own music now. Theory is king. And after you've got your theory down, learning songs by other people is easier. Technique and theory are what I practice daily now. I only practice songs a couple days before performances.
"You must stab him in the heart with the Bone Saber of Zumacalis... well, you could stab him in the head or the lungs, too... and the saber, it probably doesn't have to be bone, just anything sharp lying around the house... you could poke him with a pillow and kill him."
- Aqua Teen Hunger Force, The Universal Re-Monster