Tired of turning them into dartboards or fishing bobbins? Whittled one too many into a pint-size replica of Henri Jayer? Grist, a cool site about all things environmental, as they put it, suggests turning them into mulch. You simply put them in your compost pile, and voilá. (Of course you could also get several thousand of them, build them into a boat and sail it down the Douro—oh, but that's been done. And turned into a witty book. Which you can get here.)
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