http://laneyards.com/ - A lanyard (scoubidou, boondoggle) similar to the Corkscrew but with some unique differences.
You will need:
4 pieces of craft lace - two longer pieces of the same color and two shorter pieces that are each a different color
1' of craft lace for the longer pieces and 8'' of craft lace for the shorter pieces will equal about 1'' of lanyard
Not sure where to find gimp and lanyard materials? Check out my supply list: http://www.wheretogetgimp.com/
Say hello on my facebook page: http://www.facebook.com/Laneyards