Just found out about this, which I think is really a great idea, particularly since so many of my friends and colleagues are right in the midst of the breeding eras of life.
I have a friend from New Jersey who has started a company called Baby Baubles and More which takes your old baby clothes and other child-related fabrics and turns them into quilted Christmas ornaments and other baubles (fig. 1).
This is such a cool idea.
As soon as I can figure out where I've hidden my Underoos, game on.