What's the cheapest sound & lighting equipment for movie making?

500w worklights from Home Depot are a popular choice. If you bounce them off white posterboard or walls, they soften up a good bit.

Can’t speak to sound.

For cheap lighting, may I suggest you go to your local Home Depot or Lowe’s type store and buy clip-on Halogen work lights. That is what we used on several almost-no-budget independent films.

Ack! I see @grumpyfish beat me to it!

For sound, go talk to Radio Shack, and then buy what they say somewhere else that is cheaper.

Or go to B&H
http://www.bhphotovideo.com/

Just to look around.

But if you can, do not buy it from them. Look for beter deals.

A flashlight and a taperecorder

@bumwithablackberry Did that one, in an abandoned psych hospital and handhelds. It only really works in the horror genre. :-)

Thanks for the suggestions!