I saw this post on Decor8 this morning and had to repost about it.
This is a little video tutorial from Tina Fussell, who writes The Travelingmama blog, on how to make these gorgeous paper lanterns.
These lanterns are so simple to make, and can be used anywhere you might hang a pom pom. Also, as Tina says, they'd look great in kids' bedrooms. So sweet!