Canmil, Hi - This question has been asked many times on this forum.CANMIL said:
Without mentioning specific brands, consider this:
HP: 2 1/2 hp min for raised panels
Collett: 1/4" & 1/2" min and a 3/8" might be nice
Plunge or Fixed? Both. Buy as a kit.
and if they come with extras - go for it. Before buying template bushings - wait until you deceide which bases and table you'll be using.
You could build your own table - there are many around the net with plans.
Oakpark has a very nice table top approx 16x30" Great size. It comes with a cabinet plan you can make from 1/2 sheet of 1/2" or 3/4" ply. can be portable and easily knocked down and moved.
There are quite a few base plates around. if you go with the oak park table - get the two plates for your router (table mounted (large plate) & hand routing (smaller plate)..
Router Bits (all carbide) Name Brands are best - I'd not buy the kits.
1/8, 1/4, 1/2, and 3/8 sprial (Carbide)
Dovetail, dado and the bits you'll be using for your raised panels.
I am sure I've overlooked some more details that others will be happy to fill in.
All the best
cfm