This is my toy shelf. I think it was on clearance for around $25 at Target. The white bins are $2 from Ikea. The bins are labeled as followed: Little People, Lincoln Logs, cars & trucks, animals, guns & balls, airplanes, action figures, trains. I go through these bins about every three months and get rid of things they haven't played with in awhile.
Our cars & trucks bin is the fullest. Go figure.
We have a train table.
A basket of dress-up stuff.
A basket of stuffed animals.
These are the toys I have put up for special play times. Mostly Lego sets and Playmobil toys. These and any child under the age of 4 = disaster!
Oh, I also have some big lego bins right next to my kitchen table. These legos are random and I don't mind if pieces are misplaced. The boys play with those daily.
That is it. My favorite part is that I can tell them to pick up the playroom and they know exactly where to put everything. No more, "But Mommy, I don't know where it all goes." No excuses. And I haven't gotten on my hands and knees to pick up toys in a long, long time.