I have been wanting to do this since I saw the display at Convention 2008. I purchased the decor elements on my first order...and 7 months later, it's done! :-)
The frame is from Target. It's a see-through, glass-backed frame. "family" is on the back glass (basically in place of a photo/artwork). The filigree accenting the "y" is also on the glass. The rest of the filigree accents are adhered to the wall.
I have an orange peel texture on my walls and I didn't have a problem with the transfer or with the vinyl adhering.