I've tried scrap blankets because when they work they are really amazing! Unfortunately I don't have the stick-to-itiveness to ever finish one and they languish in my UFO bin until I throw them out which is what I didn't want to do with my scraps in the first place. Plus, what about those really, really, really small bits - like a yard - that you can't throw away.
Enter the wrap bracelet fad of summer 2012! Here are just a few examples of the fun I've been having with my scraps of yarn.
From iCord to wrapping to crocheted chains; beaded, buttoned, bangled and braided, these are so fun! Thanks to Pinterest for sharing ideas. More details on my Ravelry page at http://ravel.me/knitstress/syb. And still more ideas on my Pinterest DIY Jewelry page at http://pinterest.com/CleaStagnitti/diy-jewelry/. I'd love to see what you're making!