Aside from the top being a little pointy, I think it's fixable. If you single crochet in each stitch around for a while, it should pull out straight. Then you can either do some creative tucking at the top, make it longer so its supposed to be pointy, or put some yarn hair on it.
I found that the books in those kits were terrible for me when I was learning to knit/crochet. It seems like the diagrams are hard to figure out for the beginner and the language will leave you saying "WTF?" I know for crocheting, The Happy Hooker by Debbie Stoller really helped me. I would recommend it to anyone learning. For knitting, I actually picked up a book for kids and as silly as it sounds, I learned more from it than the kit book.