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So, if I was going to collect Irish stamps, I would need to get the stamps and the prestige booklets in order to complete a year set?
Not necessarily.
The stamps in all GB Prestige Booklets had previously been issued in other forms [Sheet, regular booklet etc] with just one or two exceptions.
However, many of the stamps contained therein are varieties of the original and might be a different printer, perforation or Phosphor band variety. These stamps are not contained in a GB Year set but are purchased seperately, either at face [up to 2010, now Royal Mail charge for the booklet] or from a dealer without the booklet info, cover etc, but at dealers price.
My understanding is it's the same with Prestige Booklets from Ireland and other home countries too, although I have no details on actual stamps contained in the Irish Prestige Booklets.
In short, you may have to buy the booklet if you want all the varieties, but if you don't, you won't.
However, and here is the catch, if you do want the varieties [assuming there are some] then you must consider getting the varieties from other sources too[regular booklets, Special sheet/lets, etc].
Londonbus1