Canon S5 a good camera for a beginner?

[Brutus]

With the D50 and D40, I wouldn't want to be spending a bunch of money on lenses right off the bat. What would you reccomend me buy as a lens that will work for a pretty wide assortment of photos? Wide angle if possible, and at least some level of macro capability. What kind of cost would I be looking at? How is the lens that comes with the kit (I believe a Nikkor 18-55mm)?