My goodness gracious alive--or should I say, you're being eaten alive by a humongous skein of hot pink yarn!
I would think you could make just about anything you wanted out of it--several of them . . . and all the accessories . . . and as many matching socks as you could ever wear . . . and everything else under the sun, too.
Just curious (and don't feel obligated to answer if you don't want to), how much did that gigantic blob cost you?