Disclaimer: This only works with the tools that are in the item frames. The only thing you can change is the material given for it - so no different items.

Version two of my "Lazy Man's Crafting Selector" (seen here). The original was built as a challenge response to MaizumaGames on YouTube, and after only two months, I have gained a TON of knowledge in redstone. Also, you might have to fill in the blocks over-and-up one from the hoppers to prevent any loss of items, although the items very rarely even fall.

Here's how to use it:
1. Press button
2. Look in chest
3.???
4. Profit