I know capsule closets have been a huge trend the past few years. I have toyed around with the idea of going to one full time myself, the never ending battle of "I have a million things but not one outfit to wear" gets to all of us at one point or another!
I finally got my chance to try my hand at creating a capsule closet for real when we moved out to California. We stayed in corporate housing for the first month while we looked for our new apartment, which was great, but the caveat was that we would need to live out of our suitcases for a month before our stuff from home was delivered. I had one large suitcase in which to fit all my stuff for the whole month (and I was interviewing at the time, so work/interviewing clothes, home clothes and going out clothes were needed).