MMM14 Paper Cutter, 7-3/4"x3-3/4"x1", Black/Chartreuse from Business Supply
This thing is great for cutting wrapping paper, clipping coupons and recipes, and for trimming laminated items (attention, teachers!). It makes a pretty decent letter opener, too. Plus, it's safe for kids to use, since the blade is protected. Put it in a pen cup or drawer and there's no danger of cutting yourself when you reach for it. FABOO!