I made this sweet little bear last week to give to a friend who is having a baby any day. The bear is from Susan B. Anderson's Itty-Bitty Nursery and is so simple to knit! The entire bear is made of garter stitch (knit every stitch) squares!!!! The only thing slightly difficult is sewing the bear together -- all it takes is a little time.
So, all of you Knit Nighters out there -- you might want to consider making one of these! They make great gifts -- and mine only took one skein of Cotton Classic.
Photo courtesy of Tammy -- thanks!