Good well rounded tool kit

[xerxes]

I think it will probably be cheaper to buy your own tools, personally I think some of the park tools are rather expensive for what they are, especially when compared to standard mechanics/engineering tools.

There are some bike specific tools you will need:

Chain tool:
http://www.jensonusa.com/store/product/TL401J14-Topeak+Super+Chain+Tool.aspx

Casette removal tool:
http://www.jensonusa.com/store/product/TL707A05-Park+Fr-5+Cassette+Remover.aspx

Set of tyre levers:
http://www.jensonusa.com/store/product/TL707I04-Park+Tl-1+Tire+Lever.aspx

Bottom bracket tools: There are several different versions of these for different bottom bracket types: external, like Shimano Hollowtech, Sqaure taper etc. - take a look at the Repar Guide section of the site for more info.

Crank puller:
http://www.jensonusa.com/store/product/TL401B24-Shimano+Crank+Extractor.aspx

Chain Whip:
http://www.jensonusa.com/store/product/TL707A06-Park+Sr-1+Chain+Whip.aspx

A set of cone spanners:
http://www.jensonusa.com/store/product/TL304E00-Park+Tool+Scw-Set+Shop+Cone+Wrenches.aspx

Cable cutter for brake and gear inners and outers:
http://www.jensonusa.com/store/product/TL602D02-Pedros+Cable+Cutter.aspx

I've linked to all these at Jenson USA, but shop around you may be able to find similar products cheaper elsewhere.

Other than that you can probably find standard tools cheaper at hardware shop or motorists accessory shop:
A set of allen keys that includes: 2, 3, 4, 5, 6 and 8mm, one or two adjustable spanners/wrenches, one small, one large. A small and medium sized flat screwdriver and a small and medium pozidriv screwdriver, probably cheaper to buy a set. You may also need a torx driver if you have disc brakes and some chainsets use torx bolts. A couple of pairs of pliers is also handy, one standard, one needle nose.