I highly recommend purchasing a vacuum sealer. Once your hopyard is established, you'll have so many hops you won't know what to do with them all! I invariably have quite a bit of carry-over from one season to the next. I don't see the point in going to all the work of growing and harvesting if you're not going to package them well.
Also, I finally figured out that I could cram about 6-8 oz in one vacuum bag if I compress the hops first. I basically pack them into a Cool Whip container, then insert my plywood plunger (the rammer) and then pound away on it with a rubber hammer. I repack with hops and manage to ram about 4 oz of cones into the container. Then I bag them up and vacuum seal them.
It's very easy to reseal the bags after you've removed the ounce or two that you need for a recipe. You can really save on bags this way!
For drying, I do something similar to bradbrews. I staple landscaping fabric between the garage rafters, and spread the hops out up there in a thin layer. They're dry and ready to package in 3 days to a week. Fresh hops give off a very strange vegetal odor to me. If you really want to get crazy, do a google search for "build an oast." BYO has had a couple features on that project.