Then I found this handy little storage solution from Bunnings of all places! It cost around $8 I think ( I don't remember, the husband paid for it as he was paying for his power tools, and paint, and garden equipment and whatever man-things it is he buys from Bunnings).
I store my lipsticks upside down so that at a glance I can see the colour I'm looking for.
It has 6 compartments, I store my lippies in 4 of the compartments and glosses in the other two. I've also got them somewhat colour coded so it makes it even easier to find what I'm looking for.
How do you store your lipsticks?