First of all, I'd just like to say thank you, Coop. I've found a wealth of information in this thread, and I finally was able to acquire the first ingredients to putting together my own setup today. I picked up three of the clamp-on lights and the appropriate GE Daylight 6500K bulbs today at Wal-Mart, and I'll be getting the PVC pipe and fittings I need tomorrow, along with a roll of draftsman's acetate tracing paper if I can find it, to finish it up.
I just couldn't wait to try out these lights, though, so as soon as I got home I rigged myself up a (very temporary) diffuser setup out of a broom handle, two white plastic trash bags, and a few pieces of paracord (as well as the ever-present duct tape

). I attached the lights to a handy shelf in my back room, which just so handily happens to be totally windowless, dragged my table over, and laid out a piece of burlap. Not having a reflector of any sort, I jury-rigged that as well, out of an (clothes) iron box and a bit of aluminum foil. Then I grabbed my camera and tripod, and got started taking shots of my EDC knife. I wound up doing better without the tripod, actually.
Here's what I managed to get out of it. I'm not terribly satisfied with it, but I think I did pretty well to be running on two hours' sleep for the day. The composition of the collage is lacking, I know, as is how I did the lower right inset, but I threw it together pretty quick in CS3 so I could get it posted. I'm definitely still a learner at Photoshop, and probably will never cease to learn new things in it. Photo collages like this are a bit outside my expertise. The only reason I used this format was so I wouldn't have to upload multiple images on my current dial-up connection.
And my setup:
Yes, that's paracord tied from two angles holding up a broomstick with trash bags taped to it. I'm a redneck and proud of it.
Thoughts? Criticism? Pointers I can make use of tomorrow, when I've had a good night's sleep? Thanks for looking!
Josh