Okay, this may sound "young", but if done right, it is nice and cheap.
I use corkboards to display all of the photos I take that I want to frame but cannot afford to. I keep the number of photos on a corkboard to a minimum so that it doesn't look busy, and you can use nice pins to give it a more sophisticated look.
Also, and you may not like this since you are of the male persuasion, but baskets can be your hero. I use baskets for almost everything. You can get baskets of varying sizes to hold magazines, remotes, small pocket items that you throw out each night when you come in, or anything else. And yes, they can look manly- you can pick up some dark wood baskets.
Throw pillows are cheap, and you can get some cheap prints on ebay.
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You don't know from fun.
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