I would buy a router + table before I bought a miter saw, drill press, band saw, or even a jointer/planer.

Decorative edges and mouldings, mortises, dados, grooves, slots, rabbets, hinge mortises, hell all of the operations that go into panel doors. And you can use a router, especially in a table, as an edge jointer, so in a pinch you can get into making panels without buying a jointer. Routers are hella versatile.