I looked through a number of the previous answers. I think i have a different view, although i think the conventional
ones made may not be so broad as my view...
To me, although one can think of spin, as the type of property one gets from a classical object spinning
(so, it might be thought of as so many revolutions per second),
yet there may be another way to consider spin..
To me, spin can also be viewed as a property of an electron, that we cannot really fathom.
I shall try to explain, and i hope my view, as expressed by me, is not way off the mark.
Spin put simply be a name with a property of having two inherent states (like the baryons and quarks, etc. have:
e.g. that can have a quantiized property, with two choices of the variable,or any combination of this property..
In this view, the "spin" of one half, means that the property can have two properties (yes or no, or up or down, or any other name,
as spin is like the other quantum properties, unfathomable, but
we can work with it, as having two choices (up or down), or a combination of these.
The spin,like other quantum properties can be in a superposition of the variables:eg.
rather than just being up or down, the electron can also be 1/2 up and 1/2 down, etc...
So, the electron's spin is more than the simple spin of classical objects.
Also, the spin # denotes the number of possible states the object can have: so the number
of states, if the spin state has a number say s, then the object can have 2s+1 states, so for
s=1/2, then there 2x1/2 +1 (2 states), so sping up or down. For a larger #, say g, the number
of different states would be denoted by 2g+1..
I looked at what i wrote, and my writings are not as well expressed as i would wish,
but not sure how would make them better.. If this view is 'wrong', I would be happy to
know how, so i can have this (above) view corrected..