The vacuum bag setup that we use consists of a long roll of bag material with a clamp for each end. It is effectively just a flat tube of plastic film.
You cut off the bag to the length required for the part(s) that you are making and place the part (with a plastic release sheet on each side) inside of the bag.
On top of this you put a flat "breather sheet" that is any loose fabric material, like what you would use to stuff a quilt. This breather sheet serves two purposes:
-it permits the vacuum to be pulled evenly throughout the bag
-it absorbs any extra resin that is pulled out of the part
After this, we cut a tiny "X" in the bag and install a barbed vacuum fitting. It is important to make sure that this fitting is located over the breather sheet so it can pull a good vacuum, but far enough from the part that you don't suck resin into your pump.
Finally, we clamo the ends closed and pull a vacuum inside the bag. We use a $15 Harbor Freight venturi pump attached to shop air, but really anything should work. I am working on an adapter that will permit me to use a Shop-Vac at home, as I am planning to make up some composite panels for use on my car.
We leave it under vacuum for an hour or so until the resin is well set, and then unhook the vacuum line and let the bag sit overnight. The next morning we pop the part out and go from there. The bag and vacuum fitting can be reused, the brether sheet and release sheet get thrown away.
It'll take a bit of experimentation to get the results that you want, but this setup is ridiculously simple and produces very satisfactory parts once you get the hang of it.
We've done work with glass, kevlar, and carbon fiber; as well as 3D molds and honeycomb sandwich panels. With minor modifications this setup was able to do it all. Really, you are only limited by the size of the bag you have available and how much product you can get laid up before the resin starts to harden.
With a bit of creativity anybody should be able to make something similar for cheap.
I hope this cleared things up a bit, please let me know if you have any questions.