Best deal is this
FP320K Flashpoint II 320A Monolight Kit, 150 Watt Second, One Monolight Kit with Stand and Umbrella.
Flashpoint II 320A Monolight kit, with 150 watt-second, GN 118, with 10 foot air-cushioned light stand and an umbrella for $129.95 with free shipping. Buy TWO of these kits.
36374 Adorama Four Piece Honeycomb Grid Set for Many 7" Reflectors in 10°, 20°, 40° & 60°
10,20,40, and 60 degree grid set for 7 inch reflectors $64.95 with free shipping
FP2BD Flashpoint II Four Leaf Barndoor for all Model II Monolights.
Flashpoint 4-way barn door set for 7 inch reflector $29.95 with free shipping
FPHCBD Flashpoint II 40° Honeycomb Grid for the Barndoor of Model II Monolights. Requires FP2 Barndoor.
A 40 degree grid with gel holder system for the SP2 barndoor set, only $9.95
Adorama's Flashpoint 8-channel transmitter/receiver $33.95 with free shipping
L3050A2 Adorama "Set-of-2" Pro 10' Air Cushioned Light Stand -5/8" top stud with 1/4-20" screw thread
Adorama set of TWO, 10-foot, air-cushioned lightstands $73.95 with free shipping
SB2436 Flashpoint II 24" x 36", 60cm x 91cm, Softbox for all Model II Monolights.
Adorama 24x36 inch softbox for all Flashpoint II series monolights $59.95,with free shipping I would buy two of these
U33S Adorama 33" Silver Interior Umbrella.
Adorama 33 inch silver interior umbrella $13.95,with free shipping-buy two of these
$620.45, with almost no shipping costs.
I would be tempted to buy two,additional 320A monolights at $99.95 each with free shipping, for a four-monolight system,with four light stands.
I would MAKE my own 48x72 inch tall PVC pipe reflector and buy a rolling, castor-based laundry hanger stand from Target or K-Mart or someplace that sells housewares,and mount the 42x78 inch tall reflector with white rip-stop nylon fabric using two Home Depot A-clamps at $5.99 each. Cost of this reflector fabric,PVS pipe, total is $40 or so.
So, for $660, you have adequate lights and modifiers for 2-light, one reflector home portraiture. I would strongly consider adding another $99.95 320A-II monolight, or even two, to have a four-light setup.
Backgrounds? Seamless paper or muslin fabric....cross bar can be pipe or wood doweling. Bogen makes simple wall-mount holders of simple sheet steel that can hold three crossbars. Very low-cost way to hang backdrops. If you need setup/teardown, I would buy a Bogen Autopole system and two crossbars and two seamless paper rolls-one white, one black.