Hooray. I love this fabric! I did the lacing by making loops out of little pieces of ribbon (I got that idea from Petrifiera... I
think) Anyway, I'm really happy about how this turned out. It's a halter with a tie around the neck, just so I don't have to take a picture of my back and all is well.

Closeup of lacing detail:
Okay kiddos, I made you, so graciously after your request, this cute tutorial with my mad MS Paint skillz. It isn't my fault that Photobucket likes resizing things, so squint and bear it. And now, without further ado--wait. This is my first ever tutorial. ::sentimental gasp:: Okay... now I'm ready.
1. Let's use orange material this time. I like orange. Take a shirt that fits you well. Trace the sides of your shirt onto the fabric twice. When you cut it out, just make a straight line across the armpits.

2. Sew the two pieces together so you have a tube.
3. Cut a curvy line up the front. I made the top edges a little rounder on mine as I did this.

4. Hem the top and bottom, and then hem the front part you just cut. Don't worry too much about keeping the shirt's width when you do this, because if you want the laces to show it will have to be a little smaller than you anyway.
5. Cut a bunch of short pieces of ribbon. Make them a little longer than your loops are going to be, because after you sew them they will probably fray.
6. Starting at the top, sew the ribbon loops onto the underside of the shirt's edge. There should be around one loop every inch or so.
7. Once you have sewn all your ribbon pieces on both sides, you can now lace it up. I used bright yellow string because it's awesome.

8. For the straps I just used two long tubes. I scrunched the ends while sewing them on because I can, plus it looks cool. Uhh... I got really lazy towards the end and just left the ends of the straps all fringy... but when I tie them together it looks fine.
Voila!