Guycom: You can make a simple cleaning mixture/solution using 91% Azeotropic Isopropyl alcohol and water.
I use 9 parts distilled water to 1 part alcohal, but some prefer using twice this amount (20% alcohal in the solution). Other things can be added such as a few drops of Kodack Photo Flow (helps the liquid to reach the bottom of the groove) and/or a drop of mild detergent. I do not find the Photo Flow/detergent necessary, but I also completely submerge LP's (in the solution) when cleaning and use a long bristled brush.
There are different types of Isopropyl/Isopropanol alcohal and the 91% Azeotropic is the one to use (check your local drug and grocery stores for it). Run a search of "azeotropic" @ the audioasylum.com Vinyl Forum for more info.
Other than the cleaning fluid, I would suggest picking up a Groovmaster Label Saver (approx. $30 on Ebay). This item seals off the label portion of an LP with "O" rings so that it may be dipped in liquid, sprayed with liquid, etc., without damage. The Groovmaster also comes with a long bristle brush for wet cleaning.
You might also pick up a carbon fiber brush (for dry cleaning) and a soft brush (for wet/dry daily use). Philips has a carbon fiber brush for $10-$12, but they seem to vary in quality/hardness. I have heard from other owners that their brushes are hard/stiff and scratch vinyl (I own two which are both soft). Maybe research these before buying one as it might be better to spend $25 on a good one than to go through a reject or two @ $10 a pop? I have never had much luck with the Discwasher brush (the nap does not extend far enough into the grooves), but maybe they have changed the design since I used/tried one? My favorite wet/dry brushes are the old style "tube" shaped ones, with long nap, which were popular in the 60's 70's 80's. Pickwick among others manufactured these (I just found a NIB Pickwick on Ebay for $5).
The only other thing that I use is a Water Pik (to sometimes pre-blast LP's and hopefully remove any hard grit). For this I use filtered tap water (guess this choice would depend on how effective the filter is). I also use the Pik to final rinse better LP's, though use double distilled water for this. The Pik is kind of nuts, but we had one on hand that was not getting any use and it does work quite well (just hold it close and @ an angle to the LP and it's not too messy).