I have an AAS in Computer Aided Drafting, and work as a Drafter/Project manager for a surveying company now (although most of the work I did in college was Mechanical and Architectural).
I would suggest getting a book and student version of AutoCAD. You can get a book that has a 6 month copy of the student version for about 150$-200$ I think. If you can master AutoCAD, you'll be able to use most CAD programs, and also it opens up a lot of job opportunities. Just work through the book and it will give you a good basis of how to use AutoCAD for mechanical drawing and you'll learn the most important commands. It's a lot like learning to play a guitar I guess - once you learn the basic chords you can play just about anything.
In college we used CAD 2007 (I started in 2005 I think and graduated in 2008) and I don't remember exactly which text we used, but it was an SDC textbook, and I think that they are probably the simplest and most complete text that a beginner could use to learn AutoCAD. I think you might need to get the student version of CAD separate with these textbooks, it's available for download from AutoDESK.
As for the exact book, I would say the
AutoCAD 2011 tutorial or the updated version of that book. I think the book we used in Basic CAD was closer to
AutoCAD 2011 Fundamentals . Now, you could always get those books and instead of using AutoCAD work through them using a cheaper CAD program. The results are the same, but the way you get there is different, and the books direct you how to find commands in AUtoCAD.
If you really wanted a good basis in CAD, I would get one of those Basic CAD texts, and also get a Engineering Drawing book - it explains the more technical aspects of making mechanical drawings so that you don't over dimension, so you learn appropriate lineweights, and a lot of the technical stuff that you aren't going to figure out on your own. It also explains Multiview drawings more completely, Auxilliary views, etc.
If you're just cutting water jet blanks then you're only going to need 1 file I suppose, and most machinery like that will run on a coordinate file that you just export from CAD. If you're making mechanical drawings for a living or want a more powerful program that will be compatible with 3D CNC Machines and such, I would think that AutoDESK inventor or another Parametric Modeling software like Solid Works is the way to go. You construct an object, and can generate Multiview drawings at the click of a mouse. In those programs you design in 3D, and can examine aspects of an object that you wouldn't be able to in a traditional CAD program.