I have been wrangling with this embroidery hoop for probably 15 years. I had heard a while ago that you get a much nicer tension on your fabric if you wrap the hoop with bias tape. I finally up and did this after being reminded of this (again) on Stitching Away.
I used this weird looking Christmas themed bias tape my mom gave me a while ago. I know she had it for years and years. I'm not sure what it has originally been purchased for, but I had no clue what I was going create from it. It's nice to know that I found a use for at least part of it.