Make your own OS X Lion USB Boot Disk
So now OS X is completely digital, the kind folks at Apple will let you buy a USB stick for $69, alternatively do it yourself for free.
This little application is super easy to use a free (You can donate though if you feel the mojo), firstly goto the App Store and under purchases you should see OS X Lion with a button to download, if you don’t already have the OS X Lion installer inside your applications folder then you need to download this. It is 4GB so best make sure your net connection is up to it or leave it overnight.
Goto http://blog.gete.net/lion-diskmaker-us/ and download the little app, launch it and it will talk you through everything. Job done!
UPDATE: Just a little update, this has been updated so it now works with Mountain Lion
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