Fabric is easy to die cut as long as the die you are using is not too intricate.
In this example I'd stuck some thin cotton fabric to double sided Jac paper which is a good way to not only prevent fraying but apply an even layer of adhesive to the surface.
The actual shape I wanted was the butterfly, but it seemed a shame to throw away the left over fabric so I stuck it onto a scrap of embossed card and die-cut both layers with a circle die.
Fabric frames have potential. You could add real or faux stitching or frame a photo of someone wearing a garment made of the actual fabric for a scrapbook page etc. I'm not sure its something I'll do a lot but its worth adding to the list!