I've seen it... I'm pretty sure I bought some of it... I haven't used it. I think I was going to attempt and Art Quilt when I purchased it, but don't have any idea how to get started. I think I remember the sales lady saying that if you want it really crinkley, then you don't want to leave it in water very long... maybe 1/2 what the instructions said.
Would love to see pics of what you create.