After reading and looking at the cool setup done by the guys over at DIY Photography blog, I decided to try my own setup of this kind of product shot. It worked out nicely towards the end.
This shot had minimal photoshopping, contrast and vibrance adjustment ONLY.
For this shot I substituted the un-ironed backdrop with a bit of
foamcore to give a smooth background surface, and it dramatically
improved the image.
The Setup shot is next, followed by some test shots with other items from my collection of robot toys.
Set up here
Strobist Info: One speedlight camera right 1/2 half power, foamcore reflector camera right. Second strobe below table gelled and gridded 1/2 power as well.