Why 3mm ft?
Sitting between N-gauge/2mm/ft and the various 4mm/ft gauges 3mm or TT can give the best of both worlds in many ways. Space wise it is ideal for that space where you can't quite fit a OO gauge model in while retaining a scale that is still reasonably substantial for those hamfisted people or those with fading eyesight. As such it gives a modeller the chance to keep the layout reasonably compact while still being fairly significant in size.
As an example my railway, which is still under construction, easily fits a 6 coach station, significant length of station throat and substantial goods facilities in an 8ft running length (plus 3-4ft for fiddle yard), with a maximum width of 2ft for the first 4ft, then 1ft for the second. In 4mm such a layout would probably be limited to a BLT of some sort, while a 2mm/ft probably wouldn't add a lot in terms of functionality.
What is available?
Triang TT RTR is still around on ebay and such places but is fairly old these days. The range of locomotives is fairly limited but on the positive side you want work to the intermediate standards (more on them later) and still accomodate TT rolling stock.
Continental TT RTR is still made and readily available.
RTR track is available from Tilling ( continental ), Peco ( HOm range ) or from the 3mm society ( flexi track only ). 3smr also have a point building service at prices comparable to Peco's HOm points so is a viable alternative.
Kit wise there is a HUGE range of kits available, easily comparable to any larger scale and probably more than 2mm/ft . Many of the etched brass kits are 'shot down' kits and generally go together no harder than their 7mm cousins, with the exception of the natural increase in difficulty due to the smaller scale. The entire Connoisseur 7mm range is available, for instance, and assembles very nicely ( my first kit was the TINY J79 which went together just fine ). There is also a wide range of white metal kits, usually ex-GEM or similar, which go together very quickly and make a good introduction.
Full range of track and sleepers is available for hand built track.
General accessories are well catered for (track side stuff, station facilities etc.) and of course Scale-scenes can be reduced from 4mm/ft to 3mm/ft easily enough.
What standards are there?
A full description can be found on the 3mm Society website ( see below ) but in summary there are three 'standard gauge' gauges which are roughly analogous to OO/P4 and EM. 12mm (the old TT gauge), 13.5 (which helps with tight clearances for outside valve gear and the like) and 14.2 which is the correct scale gauge. The Society publishes coarse, intermediate and fine standards for 12mm gauge, and fine standards for 13.5mm and 14.2mm gauges.
What suppliers are there?
The main suppliers are :-
http://www.3mmsociety.org.uk/ They have a huge list of kits, parts, track, accessories, wheels and also a used/second hand store. Also a must join society with excellent advice from some dedicated modellers.
http://www.3smr.co.uk/ Etched and WM Kits, Accessories, secondhand TT, motors/gearboxes and track including made to order/RTR pointwork.
http://www.finneyandsmith.co.uk Etched brass kits ( the aforementioned Connoisseur and others) alongside motors/gearboxes and accessories.
http://www.worsleyworks.co.uk Etched brass kits
http://www.mouse.biz Bill Bedford does a large range of Etched Brass coaching and other stock available made to order for 3mm/ft. http://www.mousa.biz...e_to_order.html