I used one of the new WeR Memory Keepers Next Level embossing folders - they are too cool! I hope they come out with more patterns soon. No shimmer on this one, just ink blending.
I made a couple of cards using different colors of Distress Ink and just put the Happy die cut on them, but left off the rest of the sentiment so I can add it as I need a card for a particular occasion.
This one doesn't have the Perfect Pearls added, I just love the way these colors blended, though.
In case you missed this technique, here's a link to the post on Jennifer's blog. Give it a try, it's fun and you can make a lot of card fronts/layers in no time.