Whether you go DIY or pressurized, you'll need a source of CO2. A tank or a generator. These tend to release
bubbles of CO2.
For DIY most folks use old soda(/pop) bottles. These were designed to hold a carbonated liquid under pressure! (Ideal for our purposes…) If you go to the krib you can find the inevitable story about the bottle that blew, but I don't think it happens all that often. Airstones getting clogged with bacteria seem to be a culprit. A snail getting in the line? Is the snail stronger than the bottle? I have seen every now and then plans for a blowoff valve… might be good for peace of mind.
A CO2 tank is a pretty sturdy affair and shouldn't give you any trouble unless you manage to drop it or knock it over and snap the neck. Very bad.
(I've never heard a single report of Excel exploding).
Once you bring those bubbles over into the tank they'll float to the top and disappear into the air… not what we want. When I tried an airstone I found that it made smaller bubbles that then floated to the top and disappeared into the air. Since more smaller bubbles have a much larger surface area than one big bubble more CO2 was able to diffuse into the water on the way up, but not real efficient. Unhappy with that, I stuck the gasline into the intake on my HOB. The impeller blades smash the bubbles into a mist, but right near the surface and in an area of turbulence. Its supposed to be better than an airstone, but not as good as a reactor. The CO2 is piped into a chamber where its forced to mix with water for a good long while before it has a chance of making it to the surface. There are a handful of ways of doing this, all out there somewhere.
AH Supply is a great place to go if you're interested in setting up DIY Compact Flourescent lights. CF light is about as efficient as Normal Output (NO) flourescent on a watt for watt basis, but you can get a lot more watts out of the same size bulb (its compact). The 55w CF bulb is just under 24" and should fit on a 20g. The 36w is just under 18" and should fit on a 10. Lots of light.
Flourish, Flourish Iron, and Excel I bought from my LFS. All are easy to find online. NuSalt at the supermarket, Spectracide Stump Remover (make sure it mentions Nitrate on the label) at Lowe's, Fleet at the pharmacy (it's a pre-mixed enema solution… Seachem also sells a Phosphate solution for the faint of heart).
Its not hard, it just takes some time and can be frustrating until you get the hang of it. Now that I've seen what I can do I can't imagine not having a planted tank. But thats several months and several hundred bucks down the road.
Low light will restrict your selection somewhat, but not terribly. I think the WetMan keeps low light tanks where he relies on tap water, the fish, and leftover fish food to provide most of his ferts. Occosionally doses a little NuSalt. Its cheaper to get started and its harder to lose control of it while you're learning (most of my original plants were destroyed during a several month long battle with algae), but you won't get booming growth and I think in the long run it may take even more finesse to be successful… learning still required…
HTH
edit:
I started with 2.6 wpg and have never run low light -- I'd take DJLen's word for the bottom end… he knows his plants.