Yeah.....THIS FREAKIN AWESOME!!!!! A tried and true picture hanging method. Cut scrap paper to the size of the frame and mark the nail location on the paper. Using painter's tape, move the paper templates around the wall until satisfied. Then hammer the nail through the marks. Remove the paper template and hang!.... Genius!!!
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Frame Hanging Tips: If you have a generous amount of horizontal wall space, draw an imaginary line on your wall and place artwork above and below the line. If you want to fill vertical wall space, create a square or rectangle on your wall with painter's tape and loosely arrange your pieces inside.
Pretty much the best website ever: knockoff DIYs of retail decor. (anthropologie, ballard design, crate & barrel, land of nod, pier 1, pottery barn, restoration hardware, urban outfitters, west elm, williams-sonoma and others). Truly some of the neatest ideas ever!! - Sounds like it's worth a look.