Homebrew PCBs

Hi everyone.
  I'm so glad to have found a forum like this.  I have been 
experimenting, trying to make my own boards for the longest time.  
I'm always on the hunt for new, easy, do-it-at-home methods that 
provide clean, repeatable results.  The two I've ever put any faith 
in are the Press-n-Peel stuff for your laser printer, which seems to 
be damn cost restrictive, and the pre-sensitized develop-by-light 
boards you can develop with a piece of overhead transparency and a 
laser printer, which takes some time and you have to order.
  Tell me, are there other methods people are getting good results 
with that might be simpler?  I'm new, and I'm guessing there must be 
better ways I haven't heard of.
  I primarily use Mentor or Protel DXP for routing, and mainly have 
been using a proto machine at the company I work for to cut 
(literally) my boards out.  But, I'd really like to not have to rely 
on those high-tech, high-$$$ tools, and be able to do something 
myself at home, using EagleCad and some cheap tools and/or chemicals 
that I can get locally, if possible.  What's the current homebrew 
cutting edge stuff?
  Thanks very much for your ideas.

-Josh D
Pullman, WA