My husband thought I was loosing my mind (which I very well might have been), but I finally came up with a result that I liked. The bead making involved tapered strips cut from magazines, modge podge glue, and knitting needles. I basically just started wrapping paper around knitting needles while applying the glue. It was tedious but fun.
The results are for sale now on etsy: http://www.etsy.com/view_listing.php?listing_id=14022815
This has turned out to be a great way of recycling!