Definitely do some distressing! Check out the gallery under "techniques", find "distressing" and you will see some awesome ideas. I use Tim Holtz inks. You can find the inks in the scrapbook.com superstore and then look at layouts that use the inks. I am a novice at distressing and this is how I have found good ideas. Have fun...what could be more fun than the roaring 20's!!!! Care to Charleston anyone??!!
I would really suggest you look at the Grasphic 45 line of paper and tags. They have some wonderful "fashion" type paper, guys in the old style suits, and women in the '20's style dresses. You might get some ideas from that if nothing else.