I do know how to do both Loom knitting and hand knitting. I have made different things with the looms other than hats and scarves. I did purchase the Knifty knitter looms as they have the round type and the long type to make different things. I have made Afghans with the long type and Yes it can get boring just going in a circle. If you cant hold the needles like some of my friends the looms work Great! I think it just depends on what your hands can do. There are lots of books for the knitting looms and its not that hard to do, as some are intimated by the knitting needles and some cant figure out the patterns. I just do what I want and even make my own patterns. I guess it just comes down to what is more comfortable to you to use. Good luck in your decision!
Blue Mound, Ks