With 3 kids, we have a lot of stuffed animals. I'm buying this soon:
Some are in his toy box (the huge Little Tikes one) and some are in a wicker basket in the living room.
When I was a kid, I guess I had a lot of stuffed animals - My mom hung a wooden pole in my bedroom, put hooks all up and down it and then sewed little plastic rings to the back of all my stuffed animals' necks and hung them.
It was really weird and seems like an insane safety hazard.