I love felting, although because it's a bit more time consuming than regular knitting, I don't do it as often as I'd like.
I've a stash of Patons Classic Wool, and ofcourse, it's varigated. So, I had to put it to good use.

The three squares I knit up, I originally intented to give to my hubby after felting so he can use to wash his car with, but think that it may be too abbrasive, so they'll be around-the-house cloths for me :)
And, of
course, my experiments-with-felting were a minor flop with the bowl, which was originally supposed to be felted into a pretty knitting-needle vase. It shrunk a lot shorter than what I had hoped, but nonetheless, it's a nifty little felted bowl! So, it's all good.