How clever and beautiful and simple and wonderful. My dad used to play squash and we had loads of these kind of raquets in the garage when I was growing up. I sincerely doubt that these are still lying around waiting to be transformed (with a nail, haha) into earring holder thingys... but I'll have a looksie anyway. I love it.
p.s How amazing is the moustachey lady?
p.p.s Be sure to visit love made me do it... how people manage to create such an amazing living environment is beyond me. WOW.