Originally Posted by tomtomtom123

At the local big bike shop, I bought a pair of cone wrenches for $7. It had 2 sizes on each end, for a total of 4 sizes, 14, 15, 16, 17mm (on both of the pair of wrenches). Or something like that. I'm sure you'll find something similar for just as cheep if you look somewhere. For grease for the loose ball bearings, I just bought a cheap tube of Shimano bearing grease.

No, you don't need to regrease new hubs, unless you find that there's something wrong with them, which in that case you should return the new hub to the seller for your money back or for exchange.