Has anyone tried this? I've heard the results are great but it can be expensive. How much money can something like this cost?

I buy pelican cases of amazon and they have the pick and pluck foam

Interesting. Certainly not as pretty as something precision cut with a laser. But still awesome. Thank you.

Pretty sure theres a long thread over on ARFcom on how to do it and even how to build your own wire cutter, IIRC.  Ill see if I can find it

I just did my Pelican. Buy one, trace the gun, cut out tracings with an electric knife and BAM. Custom cut foam.

Here you go, watch this:

 

I made one by using wood box I had laying around for my 1911. I bought foam from an art and craft store along with some fake suede. I cut the foam with an exacto knife to the size of the box then placed the gun on the foam and traced it out and then cut out the foam. I then attached the fake suede with spray glue. Also in the box I made a space to hold 2 mags and took the plastic grid from a box of ammo and used half of it to make a spot to hold 25 rounds in it. Came out great and only cost me about 20 bucks.   

I made one by using wood box I had laying around for my 1911. I bought foam from an art and craft store along with some fake suede. I cut the foam with an exacto knife to the size of the box then placed the gun on the foam and traced it out and then cut out the foam. I then attached the fake suede with spray glue. Also in the box I made a space to hold 2 mags and took the plastic grid from a box of ammo and used half of it to make a spot to hold 25 rounds in it. Came out great and only cost me about 20 bucks.

 

Sounds like a cool project. Have any pics?

I have pics but for the life of me I cant figure out how to post pics any more.