Like any knitting fanatic, I've tools, skeins, and UFOs everywhere. I had just the spot near the window seat that would hold a small cabinet. I found this one at Ikea (Konsmo 001.804.21) and it really suited the spot and the duty with a reasonable price.
I like that I can quickly put everything away, removing the clutter from the room, while knowing where it all is when I'm ready to pick it up again. If it has a downside, it'd be that the storage boxes are open on the top - any moth concerns you might have could make that an issue. But then it'd be easy enough to use baggies for storage (as most of us do) or make some liner bags to secure the more valuable goods.
If you've been looking for a home for your clutter, this might do the trick. If you've already found a solution, share! (I am considering a trip this evening to the office supply store to copy Christina's "Binder `O Addi's" idea.) And, of course, the dramatic black really lets the colors of the bags I've gotten show off their beauty.
So how do you keep your knitting under control?