Thanks for all the replies so far...a lot to digest and consider. I will most likely go with the pre-built 1 x 12 route for now. Not sure which one yet though........I can always upgrade when/if the time comes. Ill pick up some pedals for effects and start re-learning the stuff all over again.
I think you might be better off with a fender twin (there is one for sale on the board now with JBLs)
As far as pedals go, I dont really use them much Though 1970s era multi effects from Ibanez would give you alot of options.
For the guitar, an Ibanez musician would get you really close.
This is the setup I have and, though not perfect gets me really close.
BTW I just picked up a 74 Quad Reverb in a "twin" 2/12 cab, speakers wired parralell, and the sound is amazing.