I like brandonspeck's list.

I would add a workstand.

If one watches the mail order catalogs for sales, one can find a usable workstand pretty cheap, or if not cheap, at least under $100.

Regarding the torque wrench, I have yet to find a cheap torque wrench the works for me.

I think inexpensive torque wrenches that work on bicycles exist, or should exist; but, I haven't found one.

I presently use a $30 Sears torque wrench, and...I can't say anything good about it.

I find myself just torquing things less than I should so that I don't break anything.