Welcome to the M42 club. Which membership you get free membership in the LBA club too!
It can be addictive, I figure I am about $1200 into M42 lenses since I got my first 5 years ago, but here is what $1200 got me
MC Zenitar 16mm/2.8 fisheye, tamron adaptal II 24/2.5, vivitar 28/2.5, SMC Tak 35/2, super tak 50/1.4, SMC Tak 50/4 macro, Helios 58/2, super tak85/1.9, tamron adaptall II 90/2.5 macro, Vernon edonar 105/2.8 preset, tele lentar 135/2.8 preset, SMC tak 135/3.5, tele tokina 180/3.5, preset tak 200/3.5, SMC tak 200/4, tele coligon 200/4.5 preset, Nikkor-H 300/4.5 (modified to m42 mount). Add to this 2 2x teleconverters( soligor and MC tamron) a set of extension tubes, and a 15-30 mm focusing helix and my kit has just about everything you would want with 17 lenses
The two most expensive lenses were the zenitar fisheye which you can (and I did) purchase new, and the super tak 85/1.9. Both around 200. Nothing else cost over 100and 5 of them cost $15 or less
My logic was at the onset to only get lenses faster than my main AF zoom kit which is F2.8 from 28mm though 200mm and to fill in gaps in my KMount prime kit. I started with the SMC tak 35/2, but after adding the 28/2.5 , the 24/2.5 and the 58/2 for a grand total of $40 I figured, that I may just as well start a screw mount kit. As I have a bunch of SMC Pentax k mount lenses in my real prime kit I decided that I didn't want all takumars in the screw mount kit because they would be too similar.
My first preset was the takumar 200/3.5 and in liking not only the optical qualities I liked the preset control and preferred this over either stopping down manually with the aperture ring or using the auto manual switch. I have since added the other presets, and find the presets are great for portrait not just from the aspect of round aperture and blurry bokeh, but the fact that they seem to have a real 3D effect. There seems to be more foreground to background separation. I tried with my 135 for example side by side shots with the SMC Tak135/3.5, and at any aperture while the DOF of each lens was the same, the background just seems to separate more with a preset. I don't know if this is just due to the difference in bokeh with a round aperture or something else, but presets are unique due to this.
My advise to the OP is to get a few quality M42 lenses but then venture into the world of the obscure, and play. There are still a lot of good bargains to be found. My last 2 lenses, which I didn't really even need were the tele coligon 200/4.5 preset and the tele tokina 180/3.5 preset. I got the pair for $25 about a month ago from a local pawn shop.