About half of the bike tools I might ever use are the kind of tools that I might use once a year or less. Crank extractors, bottom bracket tools, freewheel tools, pedal wrenches, etc. I feel like an idiot paying good money for tools I will almost never use. And, of course, Rule Number One at almost every LBS is WE DON'T LEND TOOLS.
Has anyone heard of or tried a commie-style system whereby a group of handy cyclists share tools amongst themselves? Something bigger than just a couple of friends, something more formally organized. Could be a nice way for, say, a club to save the members some money.