This is a similar way to make a cheap 2 Liter DWC system. I am trying it as a way to root new clones. We'll see if it works in a few weeks time...
Things you will need. Most can be found at your local Wal-Mart type store in the aquarium section.
2 liter pop bottle ($1)
Perlite ($2-$5)
Aquarium air pump ($5-$10)
Air stone ($1)
Tubing ($2-$5)
Total cost to make this is between $11 and $22 depending on where you live and what you get.

For this one I cut my pop bottle 7 inches from the bottom. Make sure to wash your pop bottle to get rid of any bacteria.

The air stone is going to go in something like this.

Drill a hole and stick the air stone in it. After you put the air stone in, connect the tube to it.

Then drill some holes in the cap for the water in the reservoir to reach the Perlite.

Stick the top part of the 2 liter in the bottom part so they fit together.

Fill up the top part with Perlite then add water (Distilled and Deionized water is best)

Now connect the other end of the tube to your air pump. I have stuck an unrooted cutting in it to see what happens. I have also taken another top of a 2 liter and stuck it on top of everything as a humidity chamber.

*** After using this system for quite a few clones now I have a 100% success rate. ***
It seems that about 2 weeks is the magic amount of time before the roots are long enough for a soil transfer. Here is one clone after 13 days in the system. I am planting it in soil the day I took this picture.

*** Cleanup and Maintenance ***
I was trying to find a good way to clean the 2 liters and reuse them. Someone on here suggested to use a chlorine solution clean the algae if you get any. I tried putting them in my dishwasher...however the water is so hot that it deforms the shape of them, this method is not recommended.
JARG