#2
While I know rogue has banjos....

This is the cheapest I would go...

http://www.music123.com/Deering-Goodtime-Banjo-i38605.music

Good price, great quality. Banjos are more expensive then guitars, unfortunately...and to get one worth playing you have to spend a little more then what you are looking at.

Gear:
Partscaster/Tele into a bunch of pedals, a Maz 18 head, and a Z Best cab.