My Electronic Music teacher is in a band with the guy that made the Baz Tutorials. I just bought Max about 2 days ago (my teacher strongly encouraged me to get it). I've gone through only the first 10 Baz Tutorials and I already have enough knowledge to do what I'm currently working on in Max (a 10-track sampler/looper) without having to look at any tutorials.
If you just go through the first 10 (or more! Why stop there?) tutorials you'll start getting ideas of other stuff you can do with what you've learned.
I do not in any way regret buying Max, I think it's going to be the best $200 I ever spent.