Some of the older posts on this topic may be hard to find so it's not a bad idea to circle back from time to time and stir folk's imagination once more. You'll find references to guys cutting up plywood, hardboard siding, old mud flaps, old floor mats, inner tubes, L-P records, Frisbees, and various foam sources to duplicate the commercial ones. It seems like if you're just sitting there staring at a hole in the ice at some point your mind is going to try to find something useful to think about like making some hole covers.