I am a huge fan of Quilters Home magazine! In the May/June issue they had an awesome article about sewing green projects. One of the designers Jessie Croker offered instructions for Quilted Journals (pg. 82 & 83).
They were "sew" easy to make and do not take much fabric approx 2 pieces 8" X 11", bias tape and paper. I made two today to use at the Husqvarna Viking 2008 Convention in San Antonio in June. The journals will make great gifts and since they can be made from scrap fabric they will be inexpensive but really creative. The covers could be embroidered, painted with inks and dyes, embellished with hot fix crystals. I plan to make lots of these for my friends.