craftgrrl | Organizing Knitting Supplies

What creative, beautiful, organized, and logical systems do you wonderful crafters out there use to organize your knitting supplies? Specifically, how do you keep organized your balls of yarn and knitting needles?

I've seen those nice fabric pouches for knitting needles, but I use circular needles a lot, and I don't think one of those carriers would suit my entire collection very well.

I've been thinking of buying one of those clear plastic bins intended for Christmas ornaments to store my balls of yarn. Of course the problem with that system is that I'd have to lift up every tray (and then see the balls of yarn go rolling out, chased by the cats) every time I wanted to retrieve something specific. I've also considered those "crisscross" drawer organizers for socks, thinking that might work.

What do you do?

Thanks,
Traceroo

P.S. And for my fellow photo addicts, here's what I knit!