What Red James says is partially true, as many people use their Bridgeport in a mostly 2D way. I have 3 axes enabled on my DP1200 at this time. I have the knee as the Z axis. What this does is allow me to make cuts and holes to size in the Z direction I cannot do using the quill alone (this axis has an indicator on it at the moment). It is not uncommon that I have to relocate the knee height to accommodate features , for example, which get in the way when I traverse the part under the tool. Setting the Z axis to 0.000 before I move it, allows me to drop the part, traverse the table, and then reposition exactly. Theoretically, this can be done by reading the Z axis scale, but I find it much more convenient and accurate to have the scale. With 3 axes of digital readout, you can also use the mill as a sort of Coordinate Measuring Machine, using edge finders and/or indicators. This can be pretty helpful sometimes.
The real problem is that you MAY be unfamiliar with the spectrum of machining possibilities which a well setup Bridgeport allows. Buying something 2D or cheap may make sense when you start, but I would not be surprised if after a year or so, you were chafing at the limitations that your original choice may have created. On the other hand, no one has infinitely deep pockets, and sometimes compromises must be made. Jon, at H&W had a very good point about buying a DP700 and only purchasing the scales for the X and Y axes right away. The incremental cost of a more sophisticated 3 axis display box is small, and you can add the third scale when you decide that you need it. I bought my Newall system from H&W, and although I am not affiliated with them in any way, I do feel free to say that they have always been extremely helpful and friendly.
You will find, I think, that buying tooling for the mill will be a long term continuing adventure. Starting with the fundamentals right will make it more pleasant. As an old geezer with bad shoulders, I would not even CONSIDER doing without my MaxiTorqueright power drawbar and the Servo power drive on the knee. One can certainly do without these, but they really make a difference to me.
In any case, Have fun. There are a huge variety of Youtube machinists who do a very good job showing how things can be done, and explaining various aspects of milling machines. I, and many other people, have found them interesting and helpful. Perhaps you will also.
Cheers,
Michael