Oh yeah! That's excellent advice. I bought a Speer #13 manual first, and studied the first 125 pages like there was going to be a test. Trust me on this, there is a "test" every time you pull the trigger on ammo you reloaded.
The Precision Reloading book is awesome, definitely get it, and read it, before making major purchases, but you will do better with it after studying the first 125 pages of the Speer manual to get a rough overall framework of the reloading process on which to hang the much more detailed information from that totally excellent book.
OK, my answer to the OP's original question:
Press:
You are talking about low volume reloading of big cases which are exactly the ammo that gives the quickest payback on the reloading investment (both in money saved and improved accuracy). The issues with those cartridges that control what press is used are resizing effort for that big brass, and ease of getting it into and out of the press. While any of the cast iron O-frame presses will work, they will be tight on size for the big cases. I don't own them, but I've used both the Forester Co-Ax and the Redding UltraMag and especially on big brass they are just plain awesome. Especially the UltraMag. I like the design of the UltraMag better, but that's just a personal preference. I use a Redding Boss for my rifles where the biggest cartridges are .30-06 Spr. and 7mm Rem. Mag. If I were going to load anything bigger (longer), I'd get an UltraMag.
Priming:
I've primed thousands of rounds using the priming tool built into my Redding Boss press. Some folks like a seperate tool. Either way works.
Powder Measurement:
You won't be doing volume reloading so I'd get a good trickler (heavy is better than light), good balance beam scale (they are pretty much all made by Ohaus and relabeled for the varius companies - I use a Ohaus 10-10 which is now sold as an RCBS 10-10 but there are other good ones out there - a good balance beam is as reliable as gravity), and a set of Lee powder scoops. Use the scoop(s) to get close, trickel to exact weight. Setting up a powder dispenser takes longer than the time it will save for low volume reloading, and you will want to weigh each charge anyway.
Other equipment I recommend because it works well for me:
6" digital caliper
Wilson case trimmer
RCBS CaseMaster
TruTool cartridge runout straightening tool (to correct eccentricity issues identified with the CaseMaster.
TT-Equipment-Index
Dillon CV-750 tumbler (I wore out a Cabela's tumbler in 4 years)
Double ended hand held Case deburring tools (one regular, one tapered for VLD bullets)
Sinclair flash hole deburring tool
Dry mica neck lubricator
Redding case lube and pad
Primer pocket cleaner
Sinclair seating depth tool. Rod with two stops on it. Works great.
Hornady or Sinclair headspace measuring tool. This is a tool used with the digital calipers for measuring from the base of the case to the shoulder which is the data needed to allow setting the sizing die to bump the case shoulders only 0.001" to 0.002" or so.
They make a similar looking tool for measuring from the base of the case to the Ogive of the bullet but you won't need that right away.
I use Redding and RCBS dies. I full length resize all my hunting ammo but set the die to bump the shoulders only .001" to 0.002". I have competition seating dies for my 7mmMAG, .243, and .22-250. The rest I just use the die that comes in the low price two die set (FL sizing die and ordinary seating die - frequently available for under $45.00).
Some other things to consider as you get into it:
A good chronograph is highly recommended. I use a CED and recommend it.
Copies of the reloading manuals from all the bullet manufacturers whose bullets you use. Very important: Different bullets of the same weight are not always safe with the same powder charges. The best resource for a bullet is the bullet manufacturer's manual, if that is available.
The manuals (frequently free) from powder companies and data from powder company web sites.
If you are computer savy and "technical", I highly recommend QuickLoad and QuickTarget Unlimited. QuickLoad in an internal ballistics program to simulate what happens between the time the primers fires and the bullet leaves the muzzle. I've been using QuickLoad for several years and at this point loading with out using it as a reference along with the other manuals would be like driving blindfolded with someone else giving me steering directions. QuickTarget Unlimited allows the use of G7 ballistic coefficient data if you have it. Nothing to worry about not, but eventually, if you get into serious long range shooting, you will consider it.
I use BulletFlight on my iPhone as a field ballistics SW tool.
Fitch