Limit or NL depends on where your expertise is (i.e math/odds vs aggression/reads) and where your experience comes in.
I personally started playing 1/2 NL on PS with a deposit of only 200 (the max buy in for the table) I now have accumulated much more, but I rarely go past the 2/4 tables...and usually still play 1/2 more often than not. The reason is both because its more comfortable for me and because of the softer play. You can usually go to a table and immediately spot the dead money (IE someone who buys in for 40 bucks, the minimum allowed, a player calling a big bet and not being able to beat 2nd pair with a decent kicker etc).
As a general rule if you look at the table and more than 2 players are above the max buy in, there is a softer table to be found. Am I suggesting you start a bankroll of 200 for a 1/2 NL table?....absolutely not....unless you are confident you will only need a buy in one time and will make money each time (or at least enough times to keep you in the +) this is a horrible idea. Also dont spend money you cant lose. I didn't deposit money on any site, until I was ahead on everything, and could afford to lose it if I did....
For limit a general rule is usually minimum 100 Big Bets....
As for what limit to start at, start wherever you can consistantly win
At any limit, if you are not comfortable calling a standard raise (NL) or calling a capped pot (Limit) with a strong but not monster hand, you are over your head.
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