An at-home photo setup

One of my 2011 goals for my business is to create an easy to use at-home photo setup. In doing some lessons for my Blog Triage class, I stumbled across this link on former student Dora Ficher's blog which shows a great at-home photo setup in detail. I'll be able to scale it down for my purposes, but I just love the light diffuser frames because they would be easy to store and protect.

Do you have any additional photo setup suggestions, particularly for jewelry? Please share!