I love Rob Ryan's beautiful papercuts - especially when he does then in red (ooh look, a kinky cushion!). They've popped up in several magazines over the past year or two - there was even one in Vogue, illustrating an article about insomnia (I think). There are loads of examples of his work on his website - so intricate, I don't know how on earth he does it.
Also (via Cool Hunting - great pics) it seems that Rob's been working with Paul Smith and has had an exhibtion at one of the designer's London stores. Over now though, boo.
Trawling for Rob Ryan links, I found a great bunch of papercut-related posts on Handmade Life.
Cover art for Lucinda Williams Live At The Fillmore - I think that's a papercut!
Béatrice Coron's papercuts