Fabric Storage/Organization--Ideas NEEDED

It's been a while since I've posted anything.  Truth be told, I haven't done a whole lot other than "normal" everyday stuff this week.  This week, I started a 4 10 hour/day work week and it's exhausting.  Several days this week, I went home and took a nap right away.  I hope it isn't like this all summer!  I have BIG plans for my house and for myself this summer.  I am finally going to get my tail into gear and get my house painted and decorated how I want.  I started by going to IKEA with my sis-in-law and getting some sensible storage for my overflowing  fabric store  sewing room.  I bought a giant wooden bookcase with 8 cubbies ( I love that word :o) to store my hoard.  Which brings me to my line of questioning....

1.  How do you purge your stash??

When I first started quilting, I bought fabric from everywhere regardless of quality.  Some of my earlier purchases, uneducated as I was, were pretty much crap.  While I am by no means a "fabric snob," I don't buy crappy fabric anymore just because it's $1 a yard.  I save my money and buy nicer fabric, knowing that the quality is so much better.  I want to just GET RID of those earlier purchases, but my husband thinks I should keep them.  I don't think I will ever use them, so shouldn't I give them away to someone who will??

2.  How do you store your fabric?

I have seen so many people blog about how they use this folding method or that tutorial using comic book boards to make mini-bolts, so I thought I could give that a try.  I ran out of boards before finishing the first shelf.  Do I really want to store by color or by collection??  I like both ways!  I like seeing the fabric I bought in a collection all together so that I actually REMEMBER what goes with what....but then how do I store that??  I don't want a room full of baskets and bins either.  Back to the original question...how do you store your fabric?  When I sat down to start, I just got overwhelmed and literally had to just take a nap......and I haven't been back in my room since then.

I am starting to feel like I should be on that show "Hoarders: Buried Alive" and I don't like it one bit!  So, all that to say.....my first item of business is to get my sewing room functional again and get my fabric stored nicer.  If you have any ideas or tips that might help, please leave me a comment :o)