I love my Cricket Loom!!!!! It's small and portable and quick to warp. I don't use a lot of yarn for a project, and the weaving goes much MUCH faster than knitting a similar scarf or piece of fabric.
I've made scarves, plaid coasters, more scarves, a belt and (sound of happy dancing feet) enough fabric to make a toddler-sized vest. I call it "The Little Hippie Vest". I lined it with soft, washed linen and made a pair of little khaki shorts to match. Now all I need is a little hippie.
The yarn I used was the same corespun alpaca as I used in the scarf only this time I warped the loom with a finer yarn (Aunt Lydia's Crochet Bamboo) and used a higher sett (that means, more stitches per inch). After washing and drying and ironing the piece, I laid out the pattern pieces and CUT my weaving. Ok, yes, it felt evil.
A few hours later I had this outfit. And I had used up a very so-so orphan yarn. And I had moved one step closer to TOTAL addiction to a wonderful new craft.