Well from the SDR side of things, you need a unit and compatible software.
To see some of the units that are out there, numerous links to reviews and software links check out the SDR wiki page
Software Defined Radios - The RadioReference Wiki
The price ranges vary considerably - some are just a couple hundred bucks to nearly a grand.
I'm toying with the idea myself but I suspect I'd need a new PC, as the 2 I have right now are way too old and memory starved to make a good support for this
Mike
You can always do the RTL Dongle thing, that gets you in the door of SDR for under $20, however the performance of those is not really all that good. Don’t get me wrong, for the money they are very encouraging, but you really do get what you pay for. There is even a RTL dongle that does HF and up being sold now, the Soft66RTL, I have one on the way and will see how well it works. SDRs that cover specifically the HF range run from $50 to over $5000, so yeah, narrowing down what you want or a target price range is a good thing.
In general you can get in the door with OK performance at $130 (Softrock Ensemble II, after adding case and PS), good performance $250 - $500 (several options in this range, including AFEDRI and SDR-I/Q), and very good to excellent performance above $600 and below $1800 (Perseus, WinRadio G31DDC and G33DDC, etc.). Above that price point the performance does not really improve much at all, but feature sets get deeper, broader IBW, wider spectrum record capability, etc.
Mike, you might not be in as bad a shape as you think. One of my SDR machines (runs both an SDR-I/Q and a SoftRock Ensemble II) is an old P IV HT, 3 GHz, machine with 1 GB RAM, that I built in like 2002 or 2003. Still works fine. I have run the Perseus and the WinRadio G31DDC on that machine also, and it is OK but really maxing the machine out, with lots of time at or near 100%.
I also have a couple of low end Gateway and Lenovo machines that run SDRs that require more horsepower. Each cost under $400 and handle any SDR I throw at them (both the G31DDC and the Perseus are on the Gateway, and both run 24/7, and the G33DDC is on the Lenovo).
T!