Don't buy brand names, don't buy beginner clubs. If you must have brand name clubs then buy a two-year-old set off of Craigslist. I always buy small component shop clubs, like gigagolf.com. The quality is excellent and the performance is equal to name brands. It takes a bit of awareness to separate the actual club builders from the knockoff shops, but you can get a great set of clubs for under $200. For instance:
http://www.pinemeadowgolf.com/golf-c...r1.mark2.irons
You should probably get a hybrid 3,4, and maybe even 5 iron. The pros are starting to play them so there's no shame in it. Lastly, don't believe the hype on drivers, either. I put one together for next to nothing and I tend to drive the short par 4s around town, those $400 yearly model upgrades are just a cash funnel to the maker.
H.