During the Arctic Blast 2008 we made some ornaments to give away as gifts. They were super easy and fun. Nothing better than shrinking plastic in the oven.
We actually made these in a crazy way. I didn't have sand paper (which I needed for the matte finish) and the girls wanted to use media other than colored pencil on the sheets (which is what works best to my knowledge) so I had them draw/paint/pastel draw on regular paper, scanned that, and then printed it onto the shrink film for ink jet printers which is what I had on hand in the first place-no sanding required. How's that for taking the long road? But they look great.
Here's an update on the CPSC testing handmade toys issue. Looks like there are some tentatively approved exemptions, which is awesome.