Hello Pete,
I'm in the same situation. Information overload with limited direction. I just watched a series of videos at start your profits today.com. They were very basic (and free). Of course there is the sales pitch, but it did help me understand a few things in theory.

I also bought the money syphon system and find it a little too advanced for me. I think I'm going to pick a product or 2 and use their research systems to familiarise my self with viable products before committing a web site. That opens up another line of questions.

I'd be happy to share ideas with you.

Dan