I did this LO on Monday. Everyone is loving the wrapped ribbon on the tag so I have included the instructions on how to do this in the DigiScrapping Tutorial I'm writing. The Tutorial would be posted this weekend. Stay tuned.
Papers: Michelle's Savoir Faire
Large Tag: Sweet Shoppe Designs (grunged up)
Wrapped Ribbon: Michelle's Tutti Frutti kit
Small Tag, Button: Michelle's Gypsy Rose Kit
Metal Flower, String: Michelles' Feeling Groovy kit
BookPlate: Nancie's La Belle
Photo Corners, ribbon: Ronna Penner's Monochromatic kit
Also used Michelle's Hand Stamped Alpha.