I've been seeing this all over the place - thanks O'Happy Day for the direction!!  (see Martha Stewart's website for how to make without the lantern base). 

Only comment - to really make this work you need LOADS of balls in the air (pardon the pun) to almost completely cover the ceiling. Take the time - it's the finished product is totally worth it. I actually had some on these in my bedroom in NYC above my bed - they were ivory and pink and to me they were symbols to encourage creative ideas while I slept!