Tilt-out Drill bit storage

Hi guys, I am in the process of designing a drill bit storage cabinet and need a little help. I want to put most of my bits in little tilt-out blocks that have holes drilled in them. The idea is that they would be vertical while the cabinet is closed, but could tilt out up to 20 degrees or so to make it easier to pull the bits out. My question is: what methods have you used for actually making and installing these? Would it be sufficient to just put a small pin into either side of the block and then put some sort of a stop at the angle I want? I hope this is making sense. I saw one a while back, but didn’t pay close enough attention to exactly how it was done any ideas and examples would be very welcome.

-- Brian T. - Exact science is not an exact science