If you want a neat project that involves EE and you play a guitar/bass/amped instrument, make your own effect box/stomp box. There are schematics all over the place and they are fairly easy to make. Just download you a scematic, learn how to read it, go to radioshack and pick up your parts, and start that soldering gun. These will usually cost you like 15-20 bucks each to make.

Now, if we have underestimated your ability, then we are sorry. How about a little background for curiosity's sake?