Thanks so much mkeller234, this is brilliant! I was so excited when I found this post because I have been trying to find a way to make miniatures of my groups SWRPG characters for a while and I couldn't really justify the cost of waterslide decal paper for just 2 characters. I used this method for their faces. Here is my character, Jhoren
In really close up photos (like this) his face is a little more glossy than the other minifigs and you can see the seam of the tape, but I like this method because I play with my LEGO minifigs A LOT so if I end up messing up a face I can just print out a new one and stick it on.