I created this for the Stampin’ Celebration IC05:
http://stampincelebration.blogspot.com/2010/06/stampin-celebration-inspiration.html
The pennants were created by using the party hats stamp from the set Party Hearty (not my original idea to use the stamp this way).
Opens up and has a pocket inside for cash/gift card and note. To see the inside and more details:
http://alliohran.blogspot.com/2010/06/its-already-time-for-another-stampin.html
Stamps: Party Hearty, Teeny Tiny Wishes
Inks: Soft Suede, Versamarker
Papers: Soft Suede, Bermuda Bay, Whisper White
Accessories: Round Tab Punch, Clear Stampin’ Emboss Powder, Heat Tool, Embossing Buddy, Linen Thread, Hemp Twine, dimensionals
Very nice!