Decided to re-arrange how router bits are stored as you need quick access and you need specs,important to me is the length of end mills especially if you are maching 3D
The movement of the spindle or router can be as much as 3 in and you don't want the collet to hit.
I use a mechanical tool chest with drawers and now i hope its organized
http://youtu.be/c-LdL6HH5eY router bit storage
Very simple to do