I've gone nuts and committed myself to crocheting one of these for all of my nieces (well, except the older girls who think they are too "babyish") and one of my girlfriend's little girls:
Here is Eliza modeling her poncho and hat set. So far I have finished one for Eliza (pictured), Callie Sue (orchid and white), Kimberly (orchid, pink and white), Maddie (same as above) and Taylor (yellow, purple and white). I am currently working on one for Lily (purple, dusty turquoise and cream), immediately followed by the last one, for Kenzie (not sure of the colors for this one yet).
I'm proud of this crochet project because I took a pattern and made it my own. The original pattern did not have a third accent color (the pink pictured above) and it also had roses with leaves instead of the more modern flower I fashioned. I was thinking yesterday that, instead of a white knit bobble in the middle of the flower, a cute over-sized button would be darling. I may try it with the last of the ponchos.