I know those really neat fabric roll-ups are a cool way to store needles and hooks.  But until I can afford one, or make one for myself, what I’ve been doing is using sheet protectors and a large binder.  I organized the needles by size, and put the crochet hooks in the back one (which you could reverse, if your primary craft is crochet).

I keep my circulars in a zipper pouch organized by needle size; I splurged one year and got a set with detachable needles.  I highly recommend this, if you can swing it, because it makes sorting out the circular needle mess so much easier.  I really like KnitPicks needles for their smooth joins.

What about you, Dear Reader?  Got any favorite storage tips?