If you like owls, you will love this project.
I made this a while ago for my two nephews as a Christmas present. They started a pillow fight with them as soon as they unwrapped them.
You can use mink, fleece, quilting cotton, corduroy or any fabric that is used for making stuffed toys. I made mine with some kind of artificial suede, cotton and felt for the eyes and the legs. I also used ric-rac trim for the bodies. Then used the stuffing from two cushions to fill them up. The final size is quite big and cudly.
If you want to make your own, you can get the pattern and tutorial here: http://weallsew.com/weallsew/files/2011/07/BERNINASnugglyOwl.pdf