1. Create a new document, at least 500x500px 1. Select the star tool in the tool palette, and create the following star. Use any shade of red for the color.
2. Select the star shape, press ctrl+c to make a copy of the star, then press ctrl+f to paste the copy on top of the original star. Give the new star a yellow color. Press ctrl+t to 'free transform' the new star. Hold shift+alt while dragging one of the corner handles in to make a star about 10% the size of your original star.
3. Select both stars, and choose 'object-blend-blend options' from the top menu. Use the following settings:
4. Enjoy your fancy star. Try this technique with different shapes to get some interesting variations.