...and so I'm going to be contray here:
1 - I think learning the basics is doable from a book. A book also representes a reasonable cost investment for those new to see if they can even wqrap their heads around the topic - setting up a website and managing it will easily cost more and can be about 2 bazillion time harder on the head to learn on by tweaking/playing.
2 - That said, for those new and willing to invest, I'd suggest the following options:
A: get some space on a virtual dedicated server* (say $30/month, usually less). Find a decent HTML editor (I liek Dreamweaver, but got it free, so cost might be a factor for some.) Then grab a book like SEO For Dummies and start learning the basics. If you do not already know some html, you'll be learning two things at the same time (3 if you include the uploading/file management on the server side of things).
B: Same server idea, but start a blog on something like Wordpress - it's easy to install and if you can copy & paste, you can easily change the look & feel of the site to suit your tastes with free templates. Relatively few tweaks - and a good support community - allows WP blogs to be a good way to get started fast and get you past the HTML learning curve to start.
*you'll need more than a cheap "website overnight"-type hositng solution, as you'll want to be able to make certain tweaks to files you place on the server, which you typically can only access/manage on virtual & up server solutions - folks chime in if you know of other soltuions available today that allow access to run htaccess files, etc.
3 - as for books themselves, as I mentioned, I do like the Dummies book (I know, I know, but it's a decent read for those fresh to the topic) with one cavaet, and this applies to any book:
Timeliness - as mentioned above, print goes out of date pretty quick, so places like SEF and other online resources still remain one of the very best ways to get hands-on answers to immediate questions.
4 - online training such as SEMPO offers with their Insider's Program (entry level seo courses) are another alternative if you want to invest the $300 - as one of the builders of that actual program, I wish it was around when I'd started as it would have saved years of online Q&A for me. There are many online training options, but examine them carefully, and don't make the choice solely based on lowest cost.
...and if you're going to run a blog on WP, I'll humbly suggest my own book available through Amazon.
Now - all of THAT said - it's completely viable that you could learn everything you need to know through a forum such as SEF - it will take time no matter the direction you take, so think about the options balanced against your technical apptitude, interest, time & goals. It's not a quick topic to learn, as it has about 17 million small, sometimes hidden "yeah, buts..." scattered in the most arcane places - and expert opinions rarely match or provide parallel answers (witness this thread), but... all kidding aside - it's a skill that's in demand now, and will only continue to be in demand as the Web expands.
Think of the day when your fridge is linked to the grocer's via the internet and it tracks and orders for you as you use food.
CRAP! I just had an idea for my next book:
Appliance repair & SEO: What to do when your fridge fudges it
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