Our friends at WPLegion have created a free portfolio theme for WordPress with Vandelay Design readers in mind. Elegantia includes premium-quality features but can be downloaded and used at no cost.
Features:
7 color schemes
Simple, clean, and stylish design
Powerful theme options panel
Widget ready
20+ font styles
Shortcodes
Portfolio custom post type
Filterable portfolio
Different page layouts
Blog page included
Custom widgets
Clean HTML and CSS
Nivo slider
Documentation included in admin panel