Blissfully stolen from here.
1. donut stacker (with freshness cover)
2. paperweight
3. toilet paper holder
4. cookie cutter
5. wheel and axle for a small soap box racer
6. finger puppet stand
7. single hole punch
8. receipt spike
9. miniature hat stand
10. bagel/sandwich container (seals in freshness!)
11. watch or bracelet rack
12. cut a hole in the top to make a piggy bank
13. salad maker
14. cereal bowl
15. Jell-O mould
16. doll case
17. drill holes to make your own home-made Ker Plunk game
18. martini shaker
19. spray paint orange to make a very small pylon
20. hamburger patty former (don't mind the holes!)
21. terrarium (miniature garden)
22. door jam
23. circle tracer
24. burned or coastered CD holder (obvious!)
25. desk leg stabilizer
26. garden hole maker
27. wasp/hornet trap (cut two holes in the side and add fruit juice)
28. popsicle holder
29. cheese wheel support
30. base for a very small Christmas tree
31. centerpiece (fill with rocks or marbles)
32. flower vase
33. ring toss game
34. baby bottle dryer
35. crude apple corer
36. joystick handle
37. lawn dart
38. abdomen exercise wheel (glue two together back to back)
39. goldfish bowl
40. bong pipe (not recommended)
41. tent peg
42. candy dish (M&M's preferably)