Air compressor help

[jeff71]

Hey guys, I bought a Ingersoll Rand SS3L3 3HP 60Gal compressor for basic air tools and occasional cutoff/grinder use.

I'm in need of suggestions on budget dryer/regulators & line size.

The outlet is 1/2" should I keep all the lines to the air tool 1/2" or reduce it down to 3/8? If so should it be reduced right out of the tank or after the dryer/regulator?

Are the 1 piece regulator/dryers ok or should it be a 2 piece type?

Thanks