Red Hot Peppers

I have never before in my life grown peppers. These lovely cayanne peppers turn red as they ripen. I honestly don't really know exactly how I am going to use them. If you have any great ideas, now would be the time to leave a comment. I like spicy food, but I don't seek it out in abundance. Can I dry these bad boys? What about putting them into vinegar or olive oil? Any advice would be appreciated! I'll also be poking around on epicurious.com a bit to see if there are any helpful ideas, if I find anything that stands out I may just try it and report back!