Good to know I'm not alone. I have a gallon sized baggie with spools of all sorts right now. I thought I read somewhere that you can wrap them with fabric and make a wreath. I've seen some made with spools with the thread still on them, but what a waste!
Here are a few links I've found for using them:
http://modernjune.blogspot.com/2010/...ol-wreath.html
http://www.everythingetsy.com/2010/0...ols-of-thread/
http://www.ehow.com/way_5497235_wood...ol-crafts.html
http://sewing.craftgossip.com/tutori...ad/2009/10/30/
If you have enough of them I guess you could glue them together around a glass jar and make a vase -- or with a weighted bottom something to hold scissors, etc. or a hotplate ... or why not a lamp?