I made some felted purses as Christmas gifts. I used a pattern as a base but changed it up. Basically it was cast on 46, knit in garter for 16 ridges, pick up stitches around and knit in the round for 17 inches or so and finished with a knitted on I-cord. Then I felted, rolled the edges over when I dried it. Added some trim and handles!
There are more photo's on my blog.