Just butchered my first yesterday.
First Processing
It went smoothly, with minimal equipment - a bucket, a folding table, a sharp knife, running water, some ziploc bags, a cutting board (yes, I could have used the table), a way to hang the bird, a LARGE pot, and a heat source to warm it.
There are good posts hereat BYC on how to do it, a number of good websites, and plenty of decent youtube videos. If you have the materials/equipment and the time, I strongly encourage you to process your own- particularly if you are only doing a few at a time.
/edit a SHARP knife. Not merely Sharp or just sharp. Or a great pair of poultry shears. I used my favorite chef knife - but started with a smaller knife that wasn't as sharp as I thought it was.