was browsing flickr i found this really cool ikea hack by suh-weet! it's an ibook stand made from an ikea cd stand (i can't locate the product on the ikea website.)
anyways, here's how it's done.
just turn the cd rack upside down. then use an old book to fill out the hollow space.
paste a non-slip material (which comes together with rack) to form a base for the ibook to sit on.
and voila! your ibook hangs cool. click here for flickr pictures.