I'm not sure if you can call this a replacement for a blast cabinet, but if you have a bunch of small parts you want to make shiny again, check this out:
Get a tumbler. They are used for polishing the cartridges of spent ammo, reloaders re-use these..
http://www.berrysmfg.com/82.phpI bought one, and use it for my other hobby- I restore old pinball machines.. There are many parts in an old pinball machine that are metal, and that can get corroded, greasy, dirty, rusty, and otherwise funkified. Hand polishing sucks. If you already own a sand blast cabinet, then that's pretty cool, but you may still have to finish polish.
I just fill the tumbler bowl about half full with corn cob media (available at Kmart or Wallmart stores in the pet section) then throw the handful of parts that I need to polish (polishes bolts great too!) Finally put in a healthy squirt or two of brasso and/or Turtle Wax chrome polish, put on the lid, and switch on the tumbler. I usually just leave it over night, but two or three nights might be needed for super rusty or screwed up parts. They come out looking NEW!
You certainly won't be able to fit a handlebar or other large part in here. I'd say offhand the bowl is about 12" in diameter, maybe 6" deep, but the center of the bowl comes up to fasten the lid to, so the entire bowl isn't open. You'd easily be able to do nuts and bolts, springs, brackets, etc. As a test, I've used mine to polish up forks and spoons bought from an antique store that were brown/yellowed. They came out brillant silver looking. Pretty amazing. Silver dollars, coins, belt buckles, you name it.
Anyways, like I said, maybe not a blast cabinet replacement, but for small parts, brackets, springs, nuts and bolts, etc, it will work pretty well.