Gaday Kush,
Welcome to the guitar for beginners forum!
You've chosen a great starting fingerstyle piece, Captian Kirk sure knows his stuff.
If you need any help, just start a thread with your question. Don't worry about how your hand picks, everyone has their own style, just remember to keep your left hands thumb behind the neck and not hanging or sticking over, I'm still trying to fix this myself.
If you want advise on what guitar to buy, just start a thread or private message Ultimate Garage Band-
http://www.guitarforbeginners.com/fo...do=newpm&u=535 he will sort you out with the guitars, also be sure to check out neilsonite's lessons, and also Captian Kirks beginner lessons, they may not be what you want to play, but they will help you to become a better fingerstyle player.
Anyway, goodluck with your playing.
Jean