Recently I bought this frag rack from "Captain Salty's" on eBay for about $12. I love it, it's much more attractive than eggcrate and is held in place with N52 (I think thats the right number) magnets. I also bought 25 coral plugs and some stainless steel bone cutters & tweezers.
I fragged a couple of my SPS colonies and put the frags on the Atlanta Reef Club forums and within 2 weeks I sold $150 worth of 1" frags. I'm happy about it because I can't really notice a difference in my colonies and I was able to get some money back out of the tank. Of course, I'm about to put that money back in when I buy new metal halide bulbs.
That being said, I'm about to switch to 20k bulbs. I just don't like the look of my lights after seeing a 20k tank in person. They are not as monochromatic and blue as I expected them to be....and they make the coral colors look SO much nicer. I have done some research and am heavily leaning towards the Helios 20k bulbs, which happen to be the same ones I saw at the LFS.
Here are some pictures of my coral growth thus far, sorry for the bad quality as I am no photographer:
Green Acropora "Starry Night"
Green Millepora (started as a 1" frag from YourReef.com in Jan '08)
Orange Montipora Digitata (started as a 2" frag from YourReef.com in Jan '08)
Tri-Color
Pink Birdsnest
Green Birdsnest (started as a 1" frag from YourReef.com in Jan '08)
Green Purple Polyp Birdsnest
Green Acropora (started as a 1" frag from YourReef.com in Jan '08)