Hi Jeff,
I agree with Josh's recommendations. In fact you can build the whole cabinet with a hand drill, circular saw, router, bits, circle cutter, and straight edge/guide ( a 4' metal level works, if long enough - I have an 8' x 2" x 6" rectangular aluminum "tubing" for longer runs. This is the material used in framing large buildings like supermarkets. I got two from a metal scrap yard for $15).
A DIY sawboard is very handy if you're not going to set up a shop. I cut the panels to within 1/4" using a sawboard and a circular saw, then after glue up flush trim and corner radius (if) with router. I use saw horses or just 2x4's to support the large sheets. I do this outside to keep the shop clean and healthier, especially with mdf. Unless you HAVE (

) to have a table saw you could save your money for other parts.
BTW, sorry but I haven't had as good luck with Craftsman (or Skil) power tools as with Delta, Bosch, Dewalt, Porter Cable, Hitachi - although all those have lemons too (we're dealing with cheaply and quickly manufactured objects with moving parts

). Last year I bought some reconditioned Bosch tools that are holding up. Some Sears stores sell some of these brands. Man, I hate recommending tools but here goes

...
http://members.aol.com/woodmiser1/sawbd.htm (also click on the Index link, bottom of page)
http://bosch.cpotools.com/reconditioned_tools/?ref=googaffl977 http://cpoworkshop.com/reconditioned_tools/?ref=googaff Don