Here at creativejewishmom.com headquarters we just love the rainbow loom and all amazing things one can make. My daughter made these adorable pencil toppers (using tutorials that we found on You Tube,) as a birthday present for her younger brother, and they were a great hit!
Between you and me, my kids don't generally have any connection with my computer except looking at family photos and home movies, but I've made an exception with my daughter as without the You Tube videos she would be very limited as far as using the Rainbow Loom. No books around here and some of the most interesting stuff, namely little creatures can probably only be found on You Tube.
I think my favorite one of all is the little purple koala bear pencil hugger, and it's one of the quicker projects, taking say around 20 minutes as opposed to some which can take an hour due to their intricacy. Hope you're inspired to take your rainbow loom creations beyond bracelets!