Ended up creating some mini pumpkins and a cardinal figurine. One advantage of using polymer clay is that I can work with it in small quantities at my regular table and not have to worry about needing fancy wheels or tools or getting the space dirty. After working with it, I can leave it out overnight to pick up the next day. I just pop the pieces into the toaster oven to dry them; no kiln needed.
However, one drawback is that the material feels different. It has a plasticky feel and it's difficult to attach parts to it, unlike traditional clay. Perhaps this is due to the fact that I'm still new to this material and don't have enough experience to know how to work with it.
Overall, I think I would use this type of clay to make small decorations at home, but to make larger decorative items, I'd stick to regular clay.