This is my first attempt at a Fauxdori journal - in fact I'd never heard of them before! - but I'm seriously hooked. It's like a never ending journal with removable inserts.
This one I made for a class at The Craft Barn:
The whole thing closes very neatly with the elastic loop. Here's the whole cover, front and back:
This is actually worked on calico, stretched over thick acetate.
If you fancy coming and making your own, then follow the link above.