Just to clarify a couple of things Andy said. The 200 NH is the single action version of the 155 Anthem. The 200-20, 200G & 200SG are the single action versions of the 100/150 series. Either series are good. I'm going to admit a bias for dual action and will state that I own a 150 & 100LG. However, that's not going to stop me from recommending a single action airbrush! In fact, the 200-20 is on my wish list! I'm not as familiar with Paasche, so I'll leave those recommendations to others. They make excellent brushes, though.
A better option for a compressor is the D200, more HP, more air pressure, same price!
99D200 compressor: $119.00
99200-20 airbrush set: $ 49.00
99502025 hose w/trap: $ 26.50
Total: $194.50 which hits your $200 budget.
I would add in some replacement parts, as needles can get damaged fairly easily, and a bent tip can wreck the head, some head washers and some needle lube:
99500174 medium needle: $4.80 each (I would get two just in case)
9950055 head washer: $1.50 each (again, get two!)
99122 needle lube: $3.95
Which will bring your total up to $211.05. Now all you need is a regulator, which I would buy from a Harbor Freight so some such discount tool store. They're between $7 & $10. You'll need teflon tape, but that's usually less than a buck or two for a lifetime supply.
All told you should end up with a killer airbrush setup for around $225. A bit over budget, but you have everything you need, and some spare parts "just in case". There is nothing more frustrating than to accidentally drop your needle, and have to pay $9.99 shipping for a $5 part! Not to mention the downtime!!
Don't forget to report back with your purchase and first impressions!
Bill