Dave – my personal experience, for what it's worth …….
I agree with most of the above – you really need TIG for aluminium and you need pure Argon gas and AC/DC. The AC bit costs more money than just DC, but is necessary for aluminium.
TIG welding is probably the most versatile welding option, in terms of materials that you can weld, available, but it's also probably the most difficult to learn (and expensive to run). MIG on the other hand is not that good for aluminium, but it's a doddle to learn.
I class myself as a good self taught amateur when it come to stick and gas welding and bought a Chinese TIG set 3 years ago. It was around the £650 mark and I have to say I have had no problems with it and I've been very pleased. The company is UK based and buys Chinese welders and sells them on, but carries spares and has back-up in the UK, which I thought was a good compromise. The unit also stick welds very well and I find that I now use the TIG in this mode for steel rather than use my old transformer unit.
I considered second hand "proper" makes, which has been my philosophy for most of my machines, but whilst I would expect them to perform better and for a lifetime, the size and weight put me off – the Chinese one is all electronic and can be lifted with one hand and has features to help start and control the weld that are not normally on the older machines.
After playing around using a full bottle of gas (which lasts less time than you might think) I found that I was getting the hang of it – some welds were very good, some welds were functional but looked childish. Occasionally I still blow a hole through the piece if I do not concentrate properly – one day I'll get the foot pedal which will help a lot.
Cheers – Will