Yeah I second You Tube vids...there are heaps showing you how to roll out fondant and decorate with it. It's easy once you know how!

If you're wanting to make little figurines, it's just like making shapes with playdough

A tip for colouring fondant - don't use food colouring, it makes it all sticky. Buy the proper fondant colouring paste. It goes a looong way too. Use a toothpick to dip in the colouring paste and then poke into the fondant, little by little and knead, knead, knead until you get your desired depth of colour. That's the most time consuming part.