One cheap method that hasn't been mentioned is the "taco" method.
This page describes it. This picture more or less sums it up:
I'm not necessarily recommending it (and it doesn't matter if I did because I'm pretty new to this) but I've used it once for 5x7 (two sheets in a 2 reel stainless tank) and it worked pretty well.
The advantages: you can do it in daylight, it's quite cheap on equipment, possibly less risk of scratching than in trays (though not necessarily).
Disadvantages: uses a fair amount of chemical (if you are flushing your spent developer), has it's own set of scratch potentials, not sanctified by the LF gods.
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