How to recycle old refridgerator magnets for fun or as gifts

Transform those outdated fridge magnets into new ones. Inspired by an Instructables.com project: http://www.instructables.com/id/Reusing-old-calendar-magnets/

You will need:
old, flexible fridge magnets
photos, magazines, comic books, drawings, stickers, wallpaper scraps, fabric
scissors, a razor, or a utility knife
a glue stick, contact cement, or mod podge

This is fun and easy. Lots of room for creativity. Also makes a good birthday or Christmas gift!