Here's the thrift store lamp I bought for a couple bucks. This picture does not do its ugliness justice. A couple coats of oil rubbed bronze spray paint, add a new lampshade from my closet, throw a tassel at it . . .
Can't even tell, can you? My one piece of advice if you try this is, try to go light on the hot glue. It's difficult to get the fabric to bunch up naturally if there is too much glue on it.
This is the most recent addition: