Hi,
I started down this road in late spring using the Bingham kit for a 1 piece recurve and now I am moving to take downs. The Bingham kit is a great place to start, as it includes plans, a video and you can get most of the hardware for the molds from them (clamping hardware, fire hose/plugs, thermostat). There is a lot of setup involved, but it's fun.
As far as tools, a bandsaw is good, and I found the spindle sander indispensable. A drum sander is nice if you want to make your own lams, but Kenny can provide what you need cheap and fast. You'll also need a good rasp for shaping the riser. I use Auriou rasps. They are expensive, but amazing.
Feel free to PM me with any questions, or if you want pics (a pic is worth a thousand words!). Good luck!
-Chris