This is a _small_ sample of the projects local kids have made using fab lab equipment, plus links to other sites demonstrating what you can do with this equipment.
Laser cutter:

Projects done by other folks with laser cutters include stencils, post cards, self-replicating robots, laser cut cakes, furniture and jewelry. Laser cutters can also etch and people have used them to etch everything from fingernails to computer cases to boot leather.
http://www.instructables.com/id/Laser_Cut/
Shop bot:


Projects done by other folks with shop bots:
http://www.shopbotprojectwizard.com/pw/index.aspx
Electronics bench:
The things you can do with a soldiering iron, circuit boards, resistors and other electronic parts are too numerous to link to. A sample of things you can google to learn how to make would be robots, speaker systems, plant watering sensors, blinky lights, wearable electronics, fixing your broken radio and so much more.
Vinyl cutter:
Vinyl cutters are used to make signs, stencils, custom imprints for t-shirts, giant stickers for your wall and custom stickers for your electronics gear. You can even make band-aids to cover that embarrassing bo0-boo on your car.
http://coolinfographics.blogspot.com/2009/09/infographic-stickers-for-your-walls.html
http://www.signwarehouse.com/
Modelo:
We’ve been using this to etch out circuit boards and do 3D scanning.
3D printer: -not working yet!
If any engineer out there wants to troubleshoot the RepRap that one of our students built but couldn’t complete, please contact the lab!
http://en.wikipedia.org/wiki/RepRap_Project
Cool things people are doing with 3d printers:
http://www.explainingthefuture.com/3dprinting.html