Well, today over at Brillkids forum, I was pointed in the direction of Kitzkikz.com, free online flashcard maker. You input the text you would like on the front and back of each card, and kitzkikz outputs a pdf for you to download.
It supports many different fonts if you have them loaded in your computer/acrobat reader. I typed in simplified chinese characters on a test sheet and they came out just fine. Wasn’t sure how to put in pinyin tones though, so I typed it without tones and put them in by hand with a felt marker once I’d printed them out.
You can see a sample of the flashcards I made here: chinese sample flashcard pdf. I cut them out on the straight horizontal lines, put gluestick on one half, folded over on dotted line, and trimmed the outside edge off.
There are no photos, only two sides of text, but you could put whatever you want, or leave one side blank for gluing on a photo… or I suppose if you are handy you could import images onto the pdf once you’d downloaded it to your computer? Sorry, I don’t make pdfs so not sure.
Have lots of fun with it!