First post noob and to prove how dum I am I put down $ for 2 BFL 5 GH/s Bitcoin Miners a month ago. Now I'm figuring that by the time I get them I'll probably only be able to make one or 2 Bitcoins a month because of all of the other people that'll be running the ASIC miners. Probably should have built a GPU miner instead, make some Bitcoins now then switch to Litecoin or something you can still mine with a GPU. I expect the otehr coins to ramp up as the ASCIs come on line and make the difficulty go up.
With a GPU you should already mine LTC.
I am theoretically quite new as well (Come back after dabbling in 2010/2011). To go completely nuts, i bought avalon chips, a new GPU, an FPGA and a bitforce single.
Ill let you know what was most profitable of all choices, since i bought everything there is to buy
Then again, two bitcoins a month isn't bad. That would mean ROI of 1 in 4 months for the jalapeno. That is STILL a REALLY good investment.