Today I was viewing some of the speakers at TED.com (Great inspirational Speakers) and one of the newer videos on there was a speech given to TED Last March (2007) by J.J. Abrams. He talks about his life and his obsession of boxes. Well this leads to how he got his first super 8 camera at 10 years old (From his grandfather). Well this leads to his love of Mystery Boxes. He talks about Mystery Leads to thinking and what can this thing be. This really is a great film technique to learn and master like he has. He really is good at it. From the way his little film is doing this weekend (you know Cloverfield) Remember it is what you think you are getting and not what you are getting. Your Mind creates what you want it to create better then any special effect. And as J.J. Abrams states in the following video - Go - Create - You have all the tools you need to create the next blockbuster. Most computers and Cameras are capable of making any movie. Just CREATE IT!
So Use the Following as inspiration and Create your Blockbuster.
Here is the writeup on Ted.com about this speech:
J.J. Abrams traces his love of the unseen mystery — the heart of Alias, Lost, and the upcoming Cloverfield — back to its own magical beginnings, which may or may not include an early obsession with magic, the love of a supportive grandfather, or his own unopened Mystery Box.
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The big reason I mention Joann’s is that this is that the felt is normally $5.99 a yard but at Joann Fabrics the felt is on sale for only $2.99 a Yard so this inexpensive green screen only cost me about $12 to make. 
I already had a way to mount this - I have a expandable Clothing Rack (Shown on Right) I picked up at the local target or wally world I forget which one. And to hold the green screen in place on the clothing rack I use several heavy duty hand clamps like the ones shown to the left. I got my hand clamps at the local dollar store. A Three pack for a buck. Pretty good deal - I bought 2 packs of them as the smaller one in the pack could not clamp over the clothing rack. But still quite useful in videography and photography.