For a home solution, you can clamp the book between two pieces of wood with the spine protruding just a hair. Then, using the wood as a guide, use a hacksaw to cut the spine off. Now, with the book still very firmly clamped between the two pieces of wood, mark out three holes using a piece of three-hole punched paper as a guide. Then drill through the wood, and through the book to make the three holes. Then unclamp, and load into a three ring binder.

Its not as pretty as the Kinko's solution, but it works, and its free. (Or a buck or two if you don't already have a binder).

peace,
sam