This is so cute. I love the tags. I also have a tag baby. A word of advise though. Make another identical one. It will come in handy down the road when you need to wash it.
HAHA! One of my daughters was completely attached to a teddy bear when she was a baby. I bought a second one for this very reason. On the rare occasion we couldn't find the original I would hand her the substitute. She would cuddle it and rub it with her little hand - then sit straight up in a fit of rage and through the bear to the ground. So I think the key is to rotate them regularly so they both get identical wear and tear!