I'll preface this with 3 things,
1. I have no idea if people are doing this already. Just wanted to share something I thought was cool.
2. If this is in the wrong section let me know.
3. Unless I'm wrong I think you can buy a valve spring compressor for under $100 so...this is sort of a 'if ya have it around' sort of deal. But, just for the heck of it, these clamps are $40 bucks and PVC piping is cheap.
A good friend of mine taught me this trick and I've been using his set up ever since. He already had this Irwin parallel 2ft clamp and the contact point from the manual screw fit the valve head just right. He then took some PVC pipe, cut it accordingly - see pics to know what I mean, and voila! A home made valve spring compressor! This is a 78 CB550 head. The PVC pipe that I used is about about 7/8 inch in diameter, about 2 1/4 inches long and has a rectangular cut on one side that's about 7/8 inch long and 1/2 inch wide for access to the keepers.