Advice on first Telescope (refractor vs reflector), Barlow lens I am planning on buying my first telescope. I am getting an 80mm refractor and a 114mm reflector for the same price range. Which would be a better option? Further, would a Barlow lens solve the chromatic aberration issues with a f/5 refractor?
Further would a Barlow lens solve the chromatic aberration issues with
  a f/5 refractor.


I suppose in theory they could, but they would have to be designed to do so. In practice, they vary widely in quality, and either don't have an effect on chromatic aberration, or actually make it worse. 


  Which would be a better option?


There is no objective way of answering this question. Based simply on price per square unit of aperture, a reflector is more economical, and therefore better. But if you're looking for a telescope that doesn't require collimation, a refractor might be best. You have to consider the portability of the specific models you're considering as well. Finally, what would you like to see with your telescope? A high-end refractor with correcting optics is, in theory, better than a similar reflector for high-quality imaging of planets. Ultimately, the best telescope is the one you're comfortable using regularly without feeling overwhelmed.