I was very lucky, I got the Cinch V2, (the blue one), for Christmas, before I knew my husband would be laid off. If I had waited, I wouldn't have been able to get it!
I wanted to try something small and simple for my first project, so I chose this one page pocket book, which I made from a tutorial on Angel Stamper's blog. I changed mine a bit by cutting all the way down on the six inch center line so each set of pages were unattached. It made it so I had to make covers from more paper, but it also made it so I didn't have to glue the pockets. The fold is on the outside of each set of pages, and the open inside is against the binding. The card stock I used is Anna Griffin.
I haven't decorated it yet, because I was really excited to get it up on my blog, and tell my experiences using the Cinch.