Need some help from the audience.

We're planning to do some landscaping for unimproved parts of our yard (but on a limited budget).
Aside from some plantings, most of the improvement we're thinking about is the use of large areas of decomposed granite (as opposed to ground cover, grass or other things that require water and maintenance). We're envisioning a sitting/eating areas and maybe some pathways.
I think the cost per yard of decomposed granite is about $40 but not sure (need to run down to a supply store to check).
But I'm looking for some expertise:
1) anything in particular to look for in decomposed granite? or is it basically all the same and just look for the best price? any suggestions on where to buy?
2) how much does it cost, ballpark, to install decomposed granite? including ground prep, if any (the area is mostly flat but slightly sloped for natural drainage). Or can the area just be bordered by pre-fab concrete sides and/or wood edges (ie - like those used for lawn edges)?
3) to what depth is decomposed granite installed? 1"? 2"? more? Any website pointers for DIY installation?
Thanks all.