I saw this tutorial on how to make a cute bracelet on Instructables.com one day, and started saving tabs of our soda cans so we could make our own. We included them in the party favor bags of my daughter’s friends after her birthday party because they had loved the ones we’d been wearing so much. One bracelet requires about 20-25 tabs, some elastic cord, and 10-15 minutes. These are adaptable; you can use ribbons in different colors or different colored tabs. This site shows an example of pink ribbon used instead of elastic cord.
A Google Images search also shows other things you can make with pop tabs, including belts, purses, and more! Happy recycling!