I used some 1/2" pvc pipe I had laying around as well as some small wooden balls to plug the ends of the pipe. I cut them to length and mounted them at a slight angle in a pine board that I fastened above my scroll saw. Now when I need a blade I just reach up and grab the one I need. For storage of extra blades I made a box from dwsudekum's pattern. The box is made from scrap maple I had, and some pieces of trim bought from home depot. There is more room for blades under the trays. The box is very handy and it is kept next to my saw, it is a little dusty.
I will post pics of these later if you would like to see. I just got off a 12 hour shift plowing snow, relaxing a bit then back to bed to do it all over again. I know if I go out to the shop now I will start working on something and I have to be back to work at 1:30 am. So it will have to wait until after work tomorrow.