SO...I decided to go with -
A hat! Why not, I've never made a hat before and can't use DPN's (Double Pointed Needles) so I just started knitting, did a few decreases and cast off.
(A glass of wine for scale)
I wasn't at all happy with it, but started felting it by hand anyway and after it was quite felted I stretched it on to the hat block.
It took ageeesssssss.............
And for want of a better photo, this is what I ended up with.
I really like it! Although the felt is not stiff enough, I read somewhere it needs to be beaten.
A better photo on the head of its recipient coming soon.....