This is a really simple instructable just spark your imagination as to what is possible. Yes, you can make your own little plastic standoff quickly and cheaply on a laser cutter.
The standoff in the pictures below where made on a huge 150 Watt laser cutter at my local hacker shop i3Detroit.com in Ferndale, MI. Fore sure, a smaller laser cutter could be used as long as it can cut the material. Oh, and I guess you can use any material as long as it's safe to cut in the laser cutter.
All the standoffs below were made using two simple circles centered on each other. The outer circle was 9mm and the inner was 3.5mm. This makes a standoff that works with M3, 4-40, and 6-32 screws.
Look for the comments in the pictures below for more detail. And always, visit my web site for even more details at ph-elec.com.
Hope this simple little idea helps,