Are you thinking what I'm thinking? That I've already done a post on this topic? You're right - I have done a post about making a bulletin board before. And those simple, quick, and very inexpensive bulletin boards have been serving us well all this time! If you're looking for the ultimate in quick, functional, and frugal, I recommend making your own bulletin board out of cardboard and left-over fabric.
However...those bulletin boards are pretty light weight. We recently decided that our kids could use some bigger and more heavy-duty bulletin boards. We shopped and shopped, but everything just looked too industrial (and were expensive to boot!). Being who we are...we made our own. They are big, sturdy, strong....AND feature custom colors and fabrics to match our kids' rooms!
I wrote a detailed eHow article complete with lots of pictures. Go on over, print it out, and rate my article for me (pretty please).
By the way, if you're ever looking for one of my eHow articles, you can find all the links in my sidebar.