This really isn't a tutorial or anything, but you can look and tell how easy it was to build this video light based on the Indy Mogul design. It looks like the Frankenstein monster, but I've used it on several shoots and it works so well, and the light is soft, that I built another one (for $42 or so) and will be making a hair light version to. No more 30 - 45 minute set up for me baby!
Originally I put down that it would cost $42 to build, I already had some of this stuff. If you guy out and buy everything, it'll be more like $60.
This is the prototype, so it's got stuff hanging off and extra holes. The new version is smaller and cleaner, but this one has been used on shoots and has easily outperformed my professional lights.
Target: White bin: $2
The Home Depot: Flag pole holder from $7 #10 nuts, bolts, and washers: $2 4 Socket Splitters: $10 10 Daylight Balanced CFL Bulbs: $21
Wal-Mart: 2-pack Phillips Surge Protector: $5 4 Plug to Socket Coverters (DO NOT GET THIS FROM HOME DEPOT, THESE ARE 10x BETTER): $4 20-pack Cable Ties: $2 10 Foot Extension Cord: ??? Already had it. $2 - $3 maybe.
99-Cents Store: 2-pack: 3-prong to 2 prong converter: $1
Stolen from Mom's Linen Closet: Sheer fabric to soften the light: Free