i just finished up a year long artist's journal round robin.
the outside was a plain felted cover.
the art all spills out once you open in, and the felt inside is decorated with mohair locks and crystals and bells.
and have photographed the art and put it up on my blog if you want to take a look.
there were some amazing artists in the round robin and it has everything from felt to painting to quilting to collage. There are photos of each individual piece on my blog.http://joycevance.typepad.com/joyce_makes_art/