As far as siphoning water out of your tank, yes, replace it with pre-mixed saltwater. If you don't have critters in the tank you can add salt directly to the tank, but I found out it just wastes time waiting for the water to clear up again...
When you mix up the saltwater, I was told to do it at least one day in advance. Not only does this ensure that all of the salt dissolves into the water, but it helps control the pH of water as well.
For protein skimmers, $140 could be a good price, could be a bad price. It all depends on the skimmer that he showed you. Different types of skimmers, and different qualities will cost more or less. For the HOB (Hang on Back) skimmer that I run in my 75g tank (My Skimmer), I payed $200 for it. It retails for anywhere between $225-$250. One piece of advice I will give you is try not to skimp on this. A lot of people will tell you, if you try to cut corners and save money now, it's a big regret down the road when the "bargain skimmer" isn't performing the way you want it. So, it all depends on the skimmer you want. I've seen skimmer prices range from $100 to the one listed on our forums for $2300 (Pricey Skimmer). Check the hardware section of these forums, people are usually parting out tanks and you can get a used skimmer that is still in good working order for cheaper than you can get anywhere else.
For your corals, I don't know what kind of lights you have at the moment. Are they metal halide, T5, an incandescent light bulb? If you know what type of lights they are, and the wattage they are, it will be easier to get some advice.