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Overhead rag storage
If your shop is in your basement, you can store all sorts of things in the ceiling. One of the handiest is a box of paper shop towels. A box of 200 towels fits neatly between the floor joists. Just reach up and pull one down to wipe up errant glue or stain.
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Quick table legs
If you need to build a quick table, here's a great way to make the legs. Each leg is made from a 1x6, ripped to make two tapered pieces. Glue and nail (or screw) the two pieces together, sand as much as you feel is necessary, and you're done. The taper jig is quick to make, but it works only for this particular taper.