The Live Trace feature is fun and simple to use, at the same time it returns some very nice and easy to work vector shapes that can make for some nicely stylized art work.
I am sharing this in case someone else want to play with it.
In the information below you’ll see I have used CS5, however It is pretty much the same (but better and faster in CS6. I’ll be jumping between one & the other. & Will also include Inkscape as not everyone has access to the Adobe line of products).