I'm in love with these purses! Your favorite book and a cute purse all in one, isn't that such a clever idea? I don't think that I can afford one, but I think that I could make my own. I even found a web site that sells handles like the ones that they use.
The other fun project that I've seen lately is this cool All About Me Album from Creating Keepsakes. I'm totally NOT a scrapbooker, but it looks like it's laid out for you with easy directions so it would be simple to put together and it's a great price for that amount of stuff. Plus $3 from the purchase of every album goes to support breast cancer initiatives so you really can't go wrong.
You can see some fun examples of some of the finished albums on Lisa Bearson's site and Ali Edward's blog.