Organizing Clippings?

I am absolutely mortified with the state of my magazines/magazine clippings. I'd like to be someone who doesn't hold onto entire magazines unless they fall into the following categories:

* They are an issue of domino magazine
* They are an entirely perfect issue from cover to cover (i.e. September 2008's Vogue with Keira Knightley on the cover)

I've realized that among the many magazines I've hoarded, few of them fall into the above categories. Until now, if I have managed to go through a magazine to find all the inspirational photos, I've ripped them out and shoved them into an accordion folder while making myself empty promises about when I'm going to actually make a system of all of those pages.

I am now at the point where I really, really need to start organizing this stuff before I start becoming one of those people who lines all the walls in her home with magazines, old newspapers and junk mail from six years ago and breeding cats by the dozen. See what a slippery slope this is?

I need help, though. Does anyone have a good system? I'm thinking a cool binder like this:


from SeeJaneWork.com

I figured I could use those fancy clear plastic thingies and I could make sections for "fashion" "home decor" "food/recipes" "how-to" and "cool haircuts."

Is there anything I'm missing? Anything more efficient? If I come up with a cool, functional system, I'll share it here.