Steve,
Be very thankful you found this site and forum BEFORE you bought a telescope. I have been reading this forum for almost a week now and have found it a significant source of great information. I have one regret about my new hobby and that is that I didn't find this site first.
I read the thread at the top of this forum after I bought my telescope. I found that I probably bought the best one for the money I had budgeted, but if I had read the articles first, I might have delayed my purchase till I could afford something more appropriate for my viewing desires.
Since I am very new at this hobby, I find some terms and acronyms a bit difficult to understand, but the more I read the better my understanding. I have one minor issue with that thread on before you buy... and that is that it is very long and seemed convoluted for a newcomer. If it were possible, and one of the brilliant members here had plenty of time, a synopsis of the wealth of information to be found in that thread, posted here would be fantastic.
In my week here and my three weeks with a telescope, I can safely say I am really enjoying astronomy and look forward to the next clear night as well as the next post on this site.
Good Luck
RichG