Just made a wreath really similar to this one to hang over the buffet at our upcoming kick-awesome halloween party. I rolled my pages into cones and then layered them, so it turned out less like a wreath and more like a giant paper dahlia, but I'm so pleased with the result.
I'm considering making one to hang on the front door for the night of the party (not really a great all-weather wreath, but for a special occassion), so maybe I'll give you a step by step tutorial for how I did mine. (hint: hot glue, thrift store book and embroidery hoop from the stash.) So easy, and practically free!
In the meantime check out papercrave, where there's a list of great paper wreath tutorials.