The real utility comes from having good quality air tools to take advantage of your new compressor. In looking for air tools, I quickly found there is quite a bit of cheap junk out there. The best advice I can offer you is to look at pawn shops like Cash America for used air tools--they are always loaded with bargains. A used MAC, Snap-On/Blue point, Chicago Pneumatic, or IR tool can often be had for less than the cost of a new "homeowner" brand tool that is really just junk, IMO. Don't be fooled by the appearance of used air tools--the better ones are virtually indestructible if you just keep them oiled and keep moisture out of your air system.

A few other suggestions: get a good quality "rubber" hose rather than the cheaper synthetic composition hose, and get a hose holder/rewinder (manual or automatic). Keeping the hose neatly stowed and always accessible makes it much easier to use for quick jobs. IMO, once you go pneumatic, you'll never want to go back!