Not DIY but Rutland has some stands for cheap at the moment: http://www.rutlandcycling.com/42505/Ultimate-Hardware-Bicycle-Repair-Workstand---Sale.html?utm_source=01-08-13&utm_medium=Email&utm_campaign=uh_repair_stand
Don't know how good they are, but I thought I'd pass them on.
@hugo7 started
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Not DIY but Rutland has some stands for cheap at the moment: http://www.rutlandcycling.com/42505/Ultimate-Hardware-Bicycle-Repair-Workstand---Sale.html?utm_source=01-08-13&utm_medium=Email&utm_campaign=uh_repair_stand
Don't know how good they are, but I thought I'd pass them on.