My cute friend Natalie always emails me tutorials for cutsy projects that she thinks I should try out in my house. This one from Sew Mama Sew was a total blast and only cost me $8!
Hot glue the fold onto your lamp shade and make sure to bend and twist and ruffle as much as you want... and voila...a lamp shade your mother and Queen Victoria would be proud of.
I used Krylon Spray Paint in Ocean Breeze to add a little splash to my room. Anthropologie sells a shade similar for $98.