Here's a simple card utilizing punches and a stamp set. I demonstrated this card at a recent workshop. Its a simple card to put together and it packs a "ooh ... aahh" factor. (Is that even a word?) :) It comes together pretty quickly as it uses very little stamping and it uses mostly punches.
Stamps: Whimsical Words
Ink: Soft Suede
Paper: Crush Curry cardstock, Whisper White cardstock, Old Olive cardstock
Accessories: Scallop Border Punch, Extra Large Two-Step Bird Punch