Below is a link to a webinar on annual inspections by Mike Busch. I found it very enlightening, educational, informative and useful for myself. I think it would be especially good for new owners. In a nutshell it describes how to manage your annual inspection instead of it managing you. Some of the thing that stuck in my mind are: more maintenance is not better in many cases it causes problems, infant mortality rate on new parts (if your old part is working, don't replace it), manufacture reccomended replacement intervals are written for the worst aircraft in the fleet( tied down on ramp in Key West, that flys very infrequently) instead of your plane in a hanger in Colorado that flys often. It is about a 1:45 minutes but worth the time. I plan to listen to all of his webinars.
Thanks Mark
http://www.eaavideo.org/video.aspx?v=991383595001