http://familycrafts.about.com/od/packingpeanutcrafts/index.htm

Cushioning

Angel poop

GoodHousekeeping

hints from Heloise

http://www.goodhousekeeping.com/home/clutter/recycling-packing-peanut-jun04

Sprinkle the peanuts in the bottom of pots to provide drainage for your houseplants.

Stuff them into an old zippered pillow cover to create a soft bed for your dog or cat.

Put a handful into a potpourri jar and spritz with your favorite perfume to deodorize a room.

Pour them into plastic newspaper wrappers and tie the ends. When you’re traveling, use these bags to cushion the breakables in your suitcase.