Here's a couple of mine and my Spraybooth. I too am in the basement. I have a very good filter system on the booth. Works well. No fumes.
http://img11.exs.cx/my.php?loc=img11&image=DSCF0494.jpg
http://img11.exs.cx/my.php?loc=img11&image=DSCF496.jpg
http://img11.exs.cx/my.php?loc=img11&image=DSCF0460.jpg
I used some cabinets that I picked up from a friend of a friend for a really good deal. I also made the workbenches from 5/8" particle board topped w/ 3/4" oak plywood and trimmed in oak banding (All left over from other house projects - well, I over bought on the wife's budget to accomodate
. The balance was done over a couple of months. In the end I like a finished look to my shops (I also have a wood working shop). It makes me feel a little more professional, even though I am not very good.