I'm actually doing this now. I've moved most of my fabric up to the spare room which is going to be my guest/sewing room for the cold weather months. Don't do what I did. I tried making enough room between shelves to try and accommodate a stack of colors. Well I left a 2' space between shelving and you know fabric gets really heavy. If you need a bottom piece you have to lift everything on top of it to get to it. :roll: :roll: I'd opt for maybe 1' spacing instead next time.
My FQ are in a dresser drawer, and have filled up the dresser with other stuff that I won't be going after as much.