Recycled plastic bottle idea: add hook to cap and fill with bits n pieces, hang for storing crafts, nails, etc.
I already have the shelves in my craft room that I could do this with. - DIY: Mason Jar Storage Shelf Tutorial - great way to organize hardware, craft supplies, etc.
DIY rotating cooking utensil storage rack made from a lazy susan mechanism. - really handy for easy-to-reach tools.
Sylvia Design Sewing Furniture - hack or diy this
pegboard collage I want a pegboard
My scrapbook room fantasy from the Container Store
My Small but Efficient Craft Room – Crosscut Sewing Co.