Setups that I have seen have had the different systems on different timers. This offers 2 advantages:
1- simplicity. You want water to come on & go off at certain time; set that timer.
2- cost. The water timer goes belly-up, replace the water timer.
Cloudtops.com makes a mister called the Rainmaker, which is what we use. That one comes with a *really* nice timer for the water system; lets you have up to 14 an/off cycles per day, and vary the cycles by the day. They sell that with their rainmaker setup as a starting kit, relatively inexpensively.
Lighting, well, I have a design in mind, but it hasn't made it to paper, much less to implementation, that is fairly complicated (would require about 6 timers for all of it, plus 5 different sets of lights and varying dimmers, etc., including the misting timers)
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Justin, Julie and the menagerie...
(Bobbing igs, snapping macklots, exploring ball, hungry kings, hyper grey rat, quacking tribs, hissing roaches, wriggling worms & chirping crickets)
Vermont Herpetological Society Online
www.vermontherps.org