I'd check out gear from smaller/more affordable companies, see how they compare to the more well known brands.
I'd like to see how the Ring-to-Cage shin guards hold up.
Aries shins, gloves, etc
The Protec 3 Everlast gloves look SOOO awesome. But they're more than your whole budget. More than my budget ever...
Additional stuff you could review is BJJ technique websites or Muay Thai DVD's. Or books
i would get one of those fleshlights...make that three fleshlights. The one with a mouth, the one with the vagina, and the one with the anus (female anus, of course). Then, i would begin intense training for oral, anal, and vaginal intercourse.