Seeing how Jacob is four months old and we JUST got his crib together recently, it's time I posted a picture.
We painted the walls a faint blue this summer and bought an IKEA dresser, bookcase and lamp. I found the curtains at Target, bought the nursery bedding at overstock.com (thanks protoattorney-I believe you suggested that), and found a rocker on craigslist. I found a set of four matching sailboat pictures on ebay and we spray painted cheap frames from Walmart. The only thing fancy is the $300 crib that my in-laws bought us!
We only spent about $300 on everything (not including the crib). I'd say we did a pretty good job for our tiny budget.