I have to confess I'm a bit in love with making these baubles at the moment! They're so easy, and really quick.
I've made mine using the new "Holiday Thyme" Double-sided Paper, which is only available until the 15th December, and for a special price too! Only $14.50 for a pack of 12 double-sided sheets! You can see the Promotion here. They also look gorgeous in vellum, with Silver or Gold Embossing on them.
We demonstrated and displayed these at the Penrith Papercrafts Expo, and they WOW'ed everybody. The lovely and talented Petronela was at the Show with us, and she has put together a fantastic tutorial to show you how to make these. Check it out here.
While you're at it, check out her blog http://www.keepstamping.com/ She also has a Paper Bow Tutorial on there (if you were at Penrith, you might have seen her demonstrating these) and a Two Pocket Tote Bag Tutorial. What a clever cookie!