The Declutter Room

I had an idea about a month ago for a room in my dream house.  That idea has been the basis of a lot of thought surrounding organization.  The room, which I call the clutter room (or declutter if you choose), is simply a room that every new piece of paper, mail, or other odd object that causes clutter in a house, must enter before it gets put away.

  Why? you ask.  Well, if all the clutter is confined in one room, the rest of the house would be immaculate!  All that would be left to do is organize the clutter room.
  I currently live in two smaller rooms in my parents house, so I don't have the option of turning a room into a declutter room.  I do have the option of building as miniature version of a declutter room, a declutter table!
  What do I need for this?  The following is a list of the things I think I need to include.  What do you think?  Am I missing something?  Tell me in the comments.

• Trash can
• Place for a stack of full size sheets of paper
• Place for unopened mail
• A set of small shelves for stacks of little notes
• A door on the bottom for a small storage compartment
• Place for scattered pens, paper clips, pins, or other office related little things
• Place or rack for CD's
  
• Shelf for books
• Several small compartments for change
• The section for the undefined... a place to put anything that has no place
  

So how do you deal with clutter?  What are some ways to cut down on clutter without spending a great deal of time doing so?