Hey Barbless, welcome to the forum --
I haven't fished in the surf out your way very much, but I do fish the surf on the east coast for stripers, so maybe some of this will help a bit.
One thing you'll definitely want is a stripping basket to hold loose coils of your fly line--- you can buy one, or very easily make your own (I made a simple one out of just a rubbermaid dish pan and shock cord, but there are more elaborate homemade ones as well). The stripping basket is essential for managing line in the surf, and eliminates the friction of trying to rip slack line out of the water when you try and shoot on your cast.
It's a big ocean, so one of your biggest challenges will be finding fish-- and recognizing water that's likely to be productive, as well as figuring out patterns --- time of day, tide, and current (note that time of changes in current times can often be a lot different from times of tides). In the case of Morro Bay you'll have lots of rocks that will be obvious structure. In other cases, for instance a sandy beach, structure will probably be a lot less obvious.
I guess you'll be chasing stuff like corbina and surf perch?
If so you might want to check out Glenn Yoshimoto's site Glenn Yoshimoto's Zen Fly Fishing
Although the area he fishes is further north than you, and it looks like Glenn hasn't updated his site in awhile, I think you'll find a ton of useful info there if you poke around about gear, flies, rigging, techniques etc.
Here's a very good link from Glenn's site on reading a beach:
It looks like you CA guys use somewhat different gear than we use here on the east coast--- with generally lighter outfits and the lines you guys use out there in the surf seem to mostly be fast sink tips (some are store bought, some make their own out of lengths of lead core line) as opposed to the floaters and intermediates most folks use around here in the surf. And for the most part our flies for stripers are baitfish imitations as opposed to the smaller mole crab stuff you'll probably be using.
Hopefully some west coast surf guys will weigh in--- I know we have a few on the forum---
Keep asking questions, I'm sure folks will do their best to help you get going. -- And keep us posted on your adventures!