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You can create a beautiful coffee table by simple stacking logs together. Line the logs end up and create a circle whatever size you need. Then just tie them all together with rope or twine to keep your coffee table secure. You do need to make sure that the logs are the same height and you may want to sand the tops down just a bit to make them smooth.

In the sixty years of woodworking I have found two tools of increasing necessity. One is a band saw. I can do most of my work with a band saw and hand plane. The second tool is a bow saw, or actually several bow saws. They will replace the band saw if required, though they are slow. One I made about twenty years ago has a one and a half inch wide rip blade and is about thirty inches long. I think the blade is from an old industrial band saw blade I picked up and sharpened into a rip saw blade. It works very well on ripping lumber, logs, etc. Though it tires me out to much to use it now.
Block planes have become one of the most oft-used tools in a woodworker’s workshop. Some traditional woodworkers even keep them in their aprons! These little planes can be used to trim your joints, put chamfers on board edges, trim end grain, etc. I would recommend finding a low angle block plane, because the low angle lets you cut difficult grain more easily.

Power Tools — A good table saw is usually the most used machine in the shop. New saws have vastly improved fences and better safety features. A good contractor saw has adequate power and can come with up to 49" of ripping capacity to handle sheet goods. This would be my first big purchase. A router is often a highly coveted machine. There are almost endless cutters available now and it is hard to argue with their versatility. I recommend looking at the combo packages that include a plunge base. It is a good way to get two machines for the price of one. In my opinion, an elaborate router table is not necessary for most applications, nor are the expensive and bulky jigs and templates for making joints. What tends to happen is the tools start to drive what is made. Drawers start to fit the machine or template instead of the piece of furniture. Sufficient joints can be made with the table saw, by hand, or you can make your own templates to fit your project.
Having very sharp tools is one of the most important aspects of proper traditional woodworking. Many beginners think that they stink at woodworking, but usually they are just using dull (or improperly sharpened) hand tools. To start off with I recommend buying sharpening supplies for sharpening & honing your chisels, hand plane irons, and handsaws.
I agree with your list. My table (cabinet) saw has a router mount built into the table to the right of the blade and it works great. The table is flat cast iron and I can use the table saw fence. I’ve also built an auxiliary fence with dust collection and more features. The only downside is I can’t use a router lift and have to make depth adjustments under the table. To avoid frequent band saw blade changes, I have two: a big one (17″, 2HP, 12″ thick capacity) for typical work and a 9″ bench-top unit that I keep a narrow blade in. I also build radio control airplanes and the small one works great on small stock.

There is a seemingly endless selection of power tools. Variations of tools that were only seen in large cabinet shops and furniture factories can now be found at the local big box hardware stores. Prices are lower today than they have ever been in terms of real dollars. Quality can vary and old brand names don't always mean what they used to. So where do you start?

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