I made this hairclip the other day, and I'm going to make more.
I used:Sculpey Clay, Acrylic Paint, fabric/ribbon, a hairclip (from the dollar store), and hot glue.
They're pretty fun and easy to make. Since I made lots of different things out of the sculpey (hearts, bows, diamonds, pearls) I'm planning to make a lot more. I'll post them here when I'm done.
This is how it turned out (sorry the photos aren't better, I lost the USB for my camera):