I am neither a stamper nor a puncher but this nifty little product from the brilliant team at Martha Stewart Living is making me rethink the "no punches" policy. (I don't have anything against punches, really, but they just take up so much room (which I don't have) and you need to keep on buying more and more and more (and I'm so incredibly cheap).
Update: I ran out to Michael's to pick this set up and THEY DIDN'T HAVE IT!
Why do they tease us so cruelly?
(if you look for this punch, be sure to look in the SEASONAL Martha Stewart punches where they had an empty slot for this particular style, next to the pumpkin and snowflake punches)
I bought a similar border punch (which doesn't allow for punching around the page, though) and have really been having fun adding a decorative lacey doily edge to all my business documents...