Sounds like a good plan, Bob. I'm with Joe on unfoiled - why make life more complicated than it needs to be? I've used both, and prefer the unfoiled method, both for taste and appearance. If you put a water pan next to the smoke box (with water, apple juice or beer in it), you won't have dry ribs. They'll look great, and be tender and juicy.
As for the rub question: I prefer home-made rubs, for sure. There are many really good ones on here, so just find one that suits your taste and go with it. If you're in a hurry, commercial rubs are a crap shoot. But...I have to admit that I do like the taste of Famous Dave's Rib Rub on pork. Also, on beef (and other things), you can't beat Jim Baldridge's Secret Seasoning. Check out my post on it in the rub section of the forum. Best seasoning I've ever had on steak!
And now for the most important question...beer consumption. You know you've reached "too much" when you fall down and have to hold onto the grass to keep from falling off the world.
Up to that point, you're good. Have a good time!