Microsoft’s My Kind Of Phone site has a post about creating a custom stand for your phone (in their case a Windows Phone of course). You take this product called Sugru that you can mold and then it sets exactly how you left it into a rubberized material and create a custom mold for your phone. This lets you do things like create a stand that perfectly fits your phone and is the way you want it and the angle you want it to be.
It’s only about $10 for the stuff and I like the idea. You do need to let it set over night though so you may want to use a backup phone while it sets. Anyway, if you give it a go let us know.
Here’s the step by step.