Kevin,
I just gave a friend of mine a little horseshoe keychain made from 1/4 square. I punched the little nail slits using a #10 cut nail that I forged a thin chisel edge onto and quenched in water, and included a split-ring style key ring. She instantly asked me to make a dozen more that she would buy from me to give to her "barn-friends" (she's a horse rider) as Christmas gifts.
I will find a picture and post it when I can. The thing is about 2.5-3 inches long when staightened out. I am not overly experienced and did it in about 20 minutes - including wire-wheeling down to silver and heat coloring, then treating with plain old beeswax
as for the cross, it is possible to chisel cut one out.
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carpe malleus
pax
pt
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