I found this great blog called Toy a Day.
He's got Michael Jackson, Pokemon, all of the Kiss guys, He Man, Willy Wonka,
The characters from a Nightmare before Christmas,
And at least a hundred more.
I recommend visiting the blog just to look through each day's toy. It is such a fun project for kids or adults... And who says you'd have to use your template to make a character who looks like someone? I am sure kids will definitely come up with their own amazing creations.
He gives two templates for creating the paper toys.
You can also friend the group on Facebook.