Papercut is a new WordPress theme developed by WooThemes that has a grungy look ot it.  Papercut theme features beautiful alternating stylesheets, built in widgets and layout that is controlled by a control panel.

Papercut Theme includes the following features:

• Five eye-catching theme styles to pick from that include the default, newspaper, red print, wood and floral prints.
• An unique homepage layout, with a beautiful grid structure that keeps your content looking fresh and appealing.
• Beautiful comment styling and unobtrusive advertising banner placements.
• A completely widgetized sidebar with custom widgets included in the theme packaging. No third party widgets required.
• Integrated Banner Management widget to display banner ads of your choice site-wide;