Here's mine. Not too expensive as you can see. The two lights are for the background and I use my Sb800 as master flash and the internal flash as fill.
However I'm just in the beginning of all this. And got no money left to buy those expensive flash systems. But I made some nice pictures with this setup. I'll post some if you're iterested.
Here is shot of my modest studio. I am hoping that, in the next 6 months or so, I can afford to rent some space. As you can tell, things are a bit cramped but usable for product photos and portraits.
the amount of information that i have gotten out of this thread is amazing... i am only up to page 80... man many more to go... my question is... i have a 20D and my living room is 26x20 with 12' cathedral ceiling... i am looking at picking up a set of the AB 800's to start my studio. i also have the chance to get my hands on 3 JLT 500watt lights with 2x3 soft boxes... (is it worth buying that or no?) so many question to ask... but i will start off with this one for now...