here are some things to consider.
1. Price range.
2. Style of Music.
3. Don't forget about your amp. Regardless of how good your guitar is, a shit amp will make you unhappy.
Here are my suggestions as someone who teaches guitar and gets ppl asking me all the time what to do about new instruments. I suggest you save up a good amount of cash. Say have around 1200 bucks. This is if you are serious about it. Then go out and spend about 60% of that on a Guitar, 40% on the amp.
Effects wise and accessories here's what to consider.
Don't by a distortion ped right away, instead get an amp that has a dirt channel on it with a foot switch. Pevey makes passable transtube amps that give good reverb and overdrive sounds.
Don't get a wammy bar. For those who are unfamiliar with how to use them you'll end up damaging your guitar and hardly ever have it in tune.
As for guitars... Most Ephi Les Pauls are generally crap. You have to be very careful when buying Epi's. The higher end ones are excellent guitars, but the lower end guitars are trash, the necks are weak and easy to damage (which is a Les Paul issue in general). I would suggest going with a Strat. Get an American one, don't get a Mexican Strat or Korean. They are durable and will give you lots of playing time as well as sound great. You should be able to get a good solid Strat for under a grand american fairly easily.
Don't always think buying new is the best way to go. Often times older guitars have a better tone to them as the wood is set and worn in. Most times used guitars are cheaper, of course sometimes you will run into the odd rarity out there that can cost you an arm and a leg.
Don't forget a strap, tuner and metronom (sp?)
You have to shop around, go to every music store in your area and try out every guitar that appeals to you. Ask the staff for there suggestions and always never be afraid to ask if that's the best offer they can give you. Guitars are marked up pretty high and sales people will lower the price for you, especially if you've gone to there competition and gotten quotes for the same axe.
Oh, here's my baby.
