craftgrrl | wallpapering walls with fabric

Has anyone ever heard/or used the idea of starching fabric onto your walls if for example you live in an apartment and can't paint? I REALLY wanted to try this but i'm terrifed that the fabric wont stay up and it will be a waste of time/money/effort- or the opposite will be true and i wont be able to get the fabric back down. We aren't allowed to paint our dull white apartment walls but i really want to get my desposit back once we move out, so i can't ruin the walls.

what i am talking about:

http://www.rentaldecorating.com/quick_fix_fabric_on_walls.htm