Lynne Forsythe made this piece for the Simon Says Stamp and Show. See more details and another photo here.
Julia Sandvoss has been busy making lots of Valentine projects which you can see on her blog. One photo is shown below as well.
Melissa Goodsell shows a neat way to wrap a Valentine's Day present by putting it in a paper bag and sewing a heart around it to trap it in place. See one photo below and instructions here.
The photo below is a detail from a Valentine wreath by Take Heart. See full instructions with more photos here.
BHG has a slideshow of Valentine's Day card ideas starting here. See one image below as well, by Robyn Werlich.
More Valentine Ideas to Check out:
– Craftaholics Anonymous has a free Valentine printable here