This is something I threw together that might be useful for the DIYers, cheapskates

, or anyone who would like to try one-handed shooting but aren't sure if they want to buy a real handstrap (or needs a wriststrap in a hurry). It takes about five minutes to make, costs about fifty cents, and comes in any color of the rainbow.
The materials:
One 45"/114cm flat shoelace. The one pictured is
really cheap, hence the snags. It is nice and soft, and is proper Pentax red-and-black.
The procedure:
1) Tie the ends of the shoelace together, making a big circle that flattens out to about 40"/102cm long. You can cut the ends off, do macrame, or whatever.
2) Pinch one end of the strap and slide it through the strap lug on the camera, then thread the other end through that loop. Pull tight.
3) Stick your hand into the strap, then wrap it around your wrist about three times, and adjust so that you can reach the shutter button and there's some slack across the back of your hand.

Of course, you could just loop the neck strap around your wrist, but when I've done that, the end going to the left strap lug
always gets in the way. I was trying to figure out how to make a slide to tighten the strap around my wrist, when I realized that the "wrap three times" method is simpler and actually more secure because it's self-tightening if you drop the camera.