Consider repurposing an armoire, bookcases, desks, table with bookslef or cubbie ends. But start with the kind of workspace and storage you need and work from there. Martha Stewart and Pottery Barn have some craft worthy firnture -- look at them for ideas that you can adapt to the furniture you want to repurpose (rods for paper, ribbons and such, antique file drawers for papers, baskets, etc.) Also consider how much you are willing to look at and how much you want to close up and not be seen. Lighting is important too.

I wanted a larger computer desk, which is now going to my sister's house to be her craft table, and used a sheet of plywood painted fuchsia and two 2-drawer filing cabinets as the base. I found used filing cabinets and the sheet of plywood was my biggest expense.

Yes, or free! We put our Thomasville entertainment center on CL for free and there were no takers. It was a beauty so I repurposed it.

Oh, I forgot to say that Habitat Restores have lots of desks, file cabinets, cupboards, etc.

That's funny, I used an old TV armoire for craft supplies too! Later on we got a couple of very basic white tables/legs from Ikea for our "craft tables." They worked out great. We put two of them together to make a big square with a chair on each side so there was a lot of table space even when DD had a sewing machine set up on one side.

I used FLOR tiles on the wall instead of a bulletin board. It only works with certain types of push pins, though, so you have to experiment a bit, but the colorful (low pile) carpet squares made for a cool graphic element on the wall.

Our craft area is neglected now that DD is in high school and has such a crazy schedule. Sad!