Hey, I live in Lexington and come to Louisville often. I was a little confused about your post? Are you going to have a general craft group? I am into a lot of different things...beading, scrapbooking, home decor, graphic design (I'm actually a graphic designer).
As far as the art fair stuff goes, I have looked into it a bit. St. James is pretty good (I've heard not as good as it used to be). Anyway, I haven't been looking for that type of fair, cause, it is a) big and pricey b) juried c) I think you have to have a tent/serious set up. I just have a table and decorate it when I have done shows. I've done a couple of smaller craft bizarre type things and a home jewelry party. i haven't fared as well with those, but a lot of that has to do with the type of people that are actually in attendance. I think the home jewelry party is ok, but it works better if you invite a lot of people/have a pretty good location. I had mine around Christmas of last year and one at a high school this past valentine's. I think it is just something you have to try...get your stuff out there and see what kinda moolah you can make. I am considering something with my friend in a couple months up in the Ville for Christmas...anyway, if I find any smaller craft shows of interest, I will pass them on.
Ta ta for now.