A good baitwell doesn't have to cost more than $30. All you need is a drill, a 4-foot high and 2- to 3-foot wide plastic trash can, a plastic foam noodle and about 10 feet of rope. Drill half-inch holes all around the trash can, spacing them about 2 inches apart. After you have what you think are enough holes, wrap the plastic foam noodle around the trash can right under where the lid would go. The noodle should be hollow down its whole length. Run the length of rope through the noodle and tie it so it stays wrapped around the trash can. The noodle will enable the can to float, but enough will stay underwater to allow water to circulate through the can to keep your bait alive and healthy.