I have to agree with DocT, Peg Boards are the way to go. I've tried rubbermaid containers and even a fly tying center with drawers but I'm a messy tyer so, as some people have mentioned here, getting the materials back into their assigned location is not that easy. I wind up with drawers mixed with different stuff.
Pegboards are pretty easy to setup and cheap too. Your method probably depends on how organized you are in general.
For me I need the pegs and bags to guide me in my cleanup.