Power cable management


Is there any consensus on what to do with power cords that are too long? I figure the options are:

1). Coil neatly
2). Wrap neatly back and forth kind of like a bow tie
3). Leave as a rats nest and try to ignore it

I am currently employing option 3 but would like to staighten it up a little. This is for relatively flexible captive power cords on some older equipment I have. I also have some stuff that takes UECs but my aftermarket cords are made to just about the right length so there isn't really any excess to worry about.
mhedges
I think both coil or bow tie are bad .. I think it will maybe induce eddy current, or act as an anthena if they are not poperly insulated.
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I make every effort to have power cords not touch the floor using Suspendors, a ceramic isolator. I also seek to have them cross each other at right angles or close to it. Of late I have been using charged cables which might be insensitive to being on the floor, etc. I have not found that to be the case, less sensitive yes but not insensitive.
I am doing pretty much the same thing as Tbg. The only difference is that I use pvc plumbing pieces to lift the cables and where the cables do come into contact with one another I use a cotton ball to seperate them. I don't know if it improves the sound but I like it.
Anyone else have any ideas? Has anyone coiled or folded the cords and had problems afterwards?