WOW! Thanks for all the feedback (and so quickly!) I look forward to hearing more.
I'm just going through all my fabric today and am trying to somewhat organize it. I think I'll end up with my large fabric bin, Christmas fabric bin and a UFO bin. I've gained a 5 drawer dresser in the last couple of days and I think one of those drawers will be for the projects I have stuff for but not started. And then I'll have my scrap basket/bin which will be probably anything less than a 1/4 yard.