Owner of my local gave me his fairdale rack. The bungie cord broke on him but I just use a old bmx tube and a bit of wire (like from a coat hanger or whatever you got kicking about). I'd zip-tie it on the frame helps it from being stolen and less noisy.
I bought a panner (is that the correct word) bag for the other side last weekend. Was like 14 euro, fits all the stuff you normally would put in your skate bag plus water and beer. So much nicer not having a backpack on...way too hot for one now.
No clue why I didn't get this set-up before...