http://spraguelab.squarespace.com/blog/2006/10/19/photoshop-friday-16-rounded-corners.html
Here's what I did with it.

Paper is Toast & Jam from the Shabby Princess.
I'm still doing some research and learning as much as I can. I recently purchased Computer Tricks for Scrapbooking 2 by Jessica Sprague and I have to say that I love her teaching style. The book-a-zine (as they are called) is packed with tons of 3-step simple tutorials on how to do things like:
The first challenge I want to tackle is to create a layout using a digital template. I've seen lots of these I like. The hardest part of scrapbooking for me is coming up with a creative basic layout with which to start. I never have a problem choosing colors, paper, or embellishments but I think using these templates as a springboard will help me be happier with what I have created and create faster.
Thanks Jessica for such a great book!