You can see my workbench if you click the "original photo" link at the
bottom of this page.
http://antiqueradio.org/tabloid.htm
Basically -- two 4x8 sheets of particle board atop a 2x4 stand. An old
dentist cabinet for little supplies. Lots of shelves. You don't need to get
fancy or spend loads of money.
In an average radio project, I'll use a multimeter and signal generator. I
have maybe 20 other pieces of test equipment, but that stuff's mostly for
fun.
Regards,
Phil Nelson
Phil's Old Radios
http://antiqueradio.org/index.html