This is my first try with this technique and i must say i love it!
It's so adorable and cool at the same time. It's so life like even though everything looks like construction-paper made dioramas!
I made (from memory) a Hover Bike from a MMO i use to love :)
The character i made by a skin modifier with a sub-surf (1) and then triangulating it all, collapsing short edges, and limiting dissolve.
However there is no baked vertex paint here x: all separate materials