Everything I will need to know about a bike equipment?

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I finally decided to put all my questions into one after asking three questions in one day about bikes so here is all my questions.Please answer the best possible.

1)I decided to buy a 2008 Giant Boulder SE.It will set me back $330.Ive heard a lot out of "Giant" and seems like it is worth the money.Am I right?
2)Ive also been looking at bike shoes.They look all fine but,do I really need them if Ill be riding on trails?
3)Ill be riding in chilly weather getting into the lows under 10 degrees.I will need a Giant sweatshirt but,cant find one.They have jackets and was wondering if I were to get this jacket(look below at link and please put in adress bar) will it keep me warm in 10-30 degree weather?It looks very thin to me....

http://www.giant-bicycles.com/en-US/partsaccessories/apparel/219/24364/

4)If there is anything else I need to know about a bike or this certain bike please let me know.

I really appreciate this and I will be glad if someone even takes a shot at this long question and I respect whoever does.

Thanks again.
 
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