Pretty much has everything one needs for arts & crafts.
I often find myself going here to just look around to see what kind of fun stuff they have that will hopefully inspire me to make something.
It's located in the Arroyo Shopping Center, next to the Ross & TJ Max. Parking is decent and the store is never too busy. They also often have great sales. I usually take advantage of their 50% frames sale. It's also a pretty new store - so it's cleaner than a lot of the other Michaels that I go to.
So go, explore, have fun, and make me something crafty [because I suck at doing arts & crafts. =p] !