Here is a piece I designed and built for my parent's guest bath. They wanted a high end look, but had a very limited budget. 

Materials: Ikea Varde Shelf, Generic 6 blub vanity strip light, Plexiglass
Cost: $130.00
 
Featured on Ikea Hacker:
http://www.ikeahackers.net/2010/07/varde-shelf-duckbath-light-swan.html
As you can see, it really compliments the design of the bathroom.
Here you can see the cheap fixture as the guts of the piece.
I used this ikea wall shelf to match the existing wood/finish of the other pieces in the space.
Some initial concept sketches.
Plane Light
Published:

Plane Light

Guest bath vanity light, featured on Ikea Hacker

Published: