Hey all, just started this game a little while ago and I have a question that's bugging me; should I choose a specific path, renegade/paragon, or can I just pick whatever dialogue option I like the best in the moment? What is the benefit of choosing to go all the way one way or the other? Will I be missing out by staying somewhere int he middle or not getting all the way blue/red as quickly as I would otherwise?

Thanks in advance.

You can do both but i believe you get bonuses for 100% Paragon or Renegade...Although that might be Kotor. Just play the way you want to play it duder, it's an RPG game after all.

<SPOILER> 
If I remember correctly anything less than 80 percent either way gets Wrex killed.
Why would you let that happen, you monster?

I always play Mass Effect 100% paragon, then 100% renegade that way I get the full experience of each side with all the stat  benefits.
After that when I play for missed achievements I mix it up.

<SPOILER> If I remember correctly anything less than 80 percent either way gets Wrex killed.Why would you let that happen, you monster?

If you stay somewhere in between, there will be times where you can't choose a paragon or renegade dialogue choice, so for the first time through it's maybe best to focus on one path.
The bad thing about that is if you want to make a renegade choice at some point when playing paragon you can't do that and vice versa.
Still, I think focusing on one path is the best just so that you don't end up in a situation where you can't choose either.