This is a baby blanket myself and a group of coworkers made for a baby shower:
(If that link doesn't work, try this one:
Reason I post this is that the idea behind it was so lovely and fun. Each person contributed a square or two, and we scheduled stitch 'n' bitches so that people could work on their squares. Even the teddy bear is knitted, in a soft velour yarn using the pattern from Dovetail Designs: http://dovetaildesigns.com/AKNIT/mbear.html
Making this was so much fun I hope someone else in the office gets pregnant soon!