I recently discovered LifeFlix.blogspot.com through CreatureComforts.com and saw these really cute mini flag garlands (Link: http://lifeflix.blogspot.com/2009/09/still-learning.html). They looked simple enough to make and I had a ton of American Crafts patterned paper lying around that I hadn't used before. This project is definitely good for using up whatever scraps you have too.
Here's how mine turned out. It's hanging above our bed kinda acting as a faux headboard. I plan on making two more strands so the wall doesn't look so naked.