I would recommend doing it outside as it stinks and the rust from the steel wool will stain concrete so do it in a shop or over the road. DIY Vintage Wood Stain look. (How to age new wood). Good for all things wood!
I like this for my office! Dump A Day 24 Amazing Uses For Old Pallets! Ok, it's not technically re-purposed decor for and event. but it gives you an idea on how to use old pallets in for your new decor!
rustic - enchanted forest wedding reception table centerpieces -- log slices, carved initials, moss, candle, twine with dried flowers. Nicole super simple and don't have to pay for flower centerpieces!