I love to make gifts very fancy and customized looking. I also just started scrapbooking. I use the small 17002 white hooks to organize my ribbon rolls and wrapping paper by running a string through the middle, knotting it, and hanging it on the wall in my craft room. No peg boards, no tangled ribbons or wrinkled paper!
If I buy new ribbons, I can put a hook up in seconds, and if it runs out, the hooks come down quickly and cleanly without ruining my paint or drywall. My Paper scissors, stencils, tape, yarn- tags, everything is "hooked up" and at hand right when and where I need it!