I'm at the same crossroad. Spent some time flipping through the posts of others work stations in here. They are as customed and variend as the personalities that use them.  Some great "benchmarking" though if you are looking to integrate solid ideas into your own design. A good workbench...is the foundation of good craftsmanship. I learned this when I finally built a workbench for my woodshop. You can download a litanny of craft bench plans from the internet where your costs is simply nothing more than materials and time.

Bullnosed 2x4's, 4x4 bracing, some decent carpentry skills and about 5" of MDF and you've got a workbench that will last longer than the house you put it in. Or your back trying to move it.

Peg boards great and local hardware stores have an endless pick of modular storage options you can use on peg board.

Look online for DIY ideas. I find that modelers are inherently good woodsmiths and can make some pretty amazing furniture instinctively and with quality assembly. It's Man Council approved too!