Another way to enjoy ephemera is through digital scrapbooking. I appreciate the opportunity to incorporate treasured pieces with favorite photos, yet retain the integrity of the originals - no cutting or gluing involved that might prevent me from using them in real scrapbook designs.
I've included an example of a digital scrapbook page. The three children are my maternal grandfather Leo, his sister Deda, and his brother Paul. His parents are Charles and Rhetta Johnson. They are all gone now. I adored my grandfather and his siblings and even now, years later, feel a tug of longing for them. I never had the opportunity to meet my grandfathers' parents, but they occupy a very special place in my heart through the retelling of many stories.
I used Photoshop to create this scrapbook page, but any photo editing program would work. I have also used PaintShop Pro. I belong to a digital scrapbooking site offering free membership. I scanned my photos and downloaded some of the free "papers" and elements offered on the digital scrapbooking site. There are many such scrapbook sites on the web.
Of course, it's not necessary to join a membership to enjoy this type of scrapbooking. You could just as easily email them to friends or post them on your own blogs to advertise your ephemera.