First off, what do you want to fish for and where? Flyfishing for trout in the interior from a boat is where its at, so assuming that's what you're going after. This would also be about the most versatile set up you can get. It can also work on the coast for pink salmon, and trout.
9' 6wt Dragonfly Expedition- nice rod, cheap so you can afford a couple of them, which is crucial to success in the interior. Maybe go a little longer if you
SA Headstart WF6F line (this will outlast just about any line out there, Rio's cast great, but don't last as long IMO). I also bought a Dragonfly floating line for a loaner and it has actually become a favorite. Its a rebadged SA line IIRC and is holding up fine, casts well too. This spring I caught maybe 95% of my fish from a floating line. Actually, with the exception of salmon fishing, I probably fish a floater 80%+ of the time and catch 95% of my fish. Play around with leader length to get down deep, I've fished down to 35' deep at times with a long leader/ floating line.
Because you're probably from the LML and likely to use your rod in brackish or salt water, get an anodized reel. A Pflueger Trion 1956 seems to me to be the best bet and I plan on picking up a couple myself. If you're convinced you'll never fish saltwater (yeah right, once pinks start to show off the beaches in 2011), pick up a Dragonfly Kamloops reel and save yourself money on cheap spools.
Boats- Fishcats are about the best float tubes around, but you'll catch more fish out of a small pram or punt. Sometimes these can be found on CL for less than $500.
For salmon in rivers, a 10' 8 weight works pretty well all round. Get yourself a Rio Versitip and a Trion 1990 or something like that. Avoid reels where the bearings are exposed when you open up the reel- silt and crap gets in there and will ruin the reel pretty quick. Most of the time, a straight 8lbs leader of a Maxima leader spool works great.
For trout in LML rivers, a 9' 4wt would be great and let you land the occasional bull trout too. All you need here is a floating line and a cheap reel (line holder duty only).