I got really excited because I recently bought a bunch of awesome scrap booking paper at Tuesday Morning for $1.99 - $2.99 PER PACKAGE! I spent like $60...
Anyway, this project is so easy and fun. All you need is:
Styrofoam eggs
Head Pins
5/8" Paper Punch
Decorative Paper (I also think it would be fun to use recycled wrapping paper)
Glue
I found this awesome project at Nikki, In Stitches