I have the most wonderful stamping space.  We have a huge basement and I have 1/2 as my space.  The other side is the kids' toy room.  My husband is always willing to build anything I might need.  My stamping table is a kit from 
2x4Basics.
 
 
My stamps are on metal shelves and sorted/labeled by categories in the catalog.  They are in rubbermaid shoebox sized totes.  My punches are in plastic rain gutters. I love love love this.  I can see what I have and it is within reach.
My smaller punches are slipped over plumbers tape (metal straping tape).

I still have quite a bit to finish organizing, but just recently bought some of those wire cubes.  Just need to get them put together.
So, this is where I hang out.