When organizing, this would be a great alternative instead of buying these handy organization items. They are only effective if you have a need for them, and if they can be produced in the amount of time within the deadline of the organization project.
http://perpetualplum.wordpress.com/2008/02/16/building-a-basket-using-vintage-fabrics-and-grommets/
Update: Another tutorial on how to make fabric storage baskets.
http://www.jcarolinecreative.com/Merchant2/merchant.mvc?Store_Code=JC&Screen=STORAGE_BASKETS