Well I'd say to each their own. I'm on my first time grow myself and have gone the hydroponic route. I'm so far happy with my grow but it certainly was a wallet shock. So if cost is a concern then soil is probably a better option. Hydro is more maintenance as well so keep that in mind.
What will your set up be like (height, lights, ventilation, etc.)? Some of these things are important things to consider when choosing your own type of grow.