I just wanted to share my cheap man stand I use to adjust derailleur on the bike. It needs 2 chars and a post. I takes 15 seconds to set up. I keeps my bike 10cm from the ground and works fine for me. No need for hooks on a ceiling and ropes (which seams to be popular solution too).
For something more permanent, sturdy and nice DIY projects visit these links
http://www.instructables.com/id/hyper-strong-wall-mounted-bicycle-repair-stand/
http://www.instructables.com/id/PVC-Bench-top-Bike-Repair-Stand/
http://www.bicyclebikes.com/bicycle-repair-stand-plans.html
http://bikes.javazoid.com/images/bikes/diyWorkstand/tn_IMG_0544.JPG
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