Here's a fun project (originally from DS) using the IKEA Knuff magazine holder. At $4.99 a holder, you can do all kinds of things including Todd Oldham's multi-holder.
here’s what you’ll need:
wooden magazine holder
stain and/or paint (optional)
two screws and two washers
1. paint, stain or decoupage your magazine holder (or leave it plain)
2. pre-drill two holes for the screws and mark your wall where the screws will go, making sure they are level.
3. mount your box to the wall, using washers so the screw heads don’t sink too far into the wood.
4. if you’ve got an outlet nearby, you can even charge your cell phone or ipod by snaking the cord through the hole in the front of the box.
Make your own tool chest with the IKEA Fira:
