Some cute stuff I've seen:
Cut up masts
Scanned images w/text, printed out, inserted into plexiglas frames
engraved mugs
embroidered bags
printout images laminated to wood
Wood plaques with sailboat profiles, the 'sailboat' was made of diagonally cut wall moulding
I've been playing around with craft-store paint which looks like stained glass. You paint the 'leading' and fill in the cells with paint which looks like glass when it's dry. You can paint it on glass or plastic. It looks very like stained glass, and if you don't mind some work can be a very nice looking inexpensive trophy.
The stuff is called "Gallery Glass" and it's made by the Plaid Enterprises co. out of Norcross Georgia. You can get the stuff at Michael's or any of the other craft shops.
sea ya
tami