I've noticed a bunch of quilters have sworn of buying any fabric this year in favor of trying to use what's in their stash. I might have an idea to help you guys whittle down or stash...well, at least for around the holidays or when there's a gift involved.
Its called furoshiki---its a sort of cloth used in Japan to wrap objects. It was traditionally used to transport objects (like bento lunch boxes---then the furoshiki wrap doubled as a placemat!), but now more commonly used to wrap gifts. They have furoshiki cloths for sale on the Internet (and in shops in Japan), but you can easily make your own (thus getting rid of some of your stash). You just need a square piece of fabric, fold the raw edges under about a quarter of an inch, and sew the hem. Large bandanas could work as well.
This is the one I made (its folded into quarters) with the book I wrapped. It is 24" square when its unfolded. Obviously you're not going to wrap a quilt with this, but if you have smaller gifts (handmade or not) it'd be perfect for those. There's no real set size for furoshiki (common sizes are 18" and 27") so you can make it as large or as small as you want, but this size was perfect for the book I made this furoshiki wrap for. I hate it when I have a smaller gift to wrap and have to cut from a huge roll of wrapping paper.
Here's a YouTube video on the wrap I did: http://www.youtube.com/watch?v=7UTIMGoUiZI&feature=fvw
There's plenty of other wraps to do (even ones on wrapping flower bouquets). This is a very basic one. She added extra embellishments to hers, which you can choose to do or not to do.
Here's pictures of my finished attempt to wrap this book. Its not perfect so I'm gonna take another crack at it.
For more wrapping techniques check out the book Wrapagami.
And if the recipiant of the gift doesn't want to keep the wrap they can give it back to you and it could go back to your stash or used to rewrap another gift.
Possibly if the quilt were small enough and thin enough (like a lap size quilt with no batting) that it could be used as a wrap to wrap another gift. Like using a baby quilt to wrap a baby book...that'd be perfect for the Kangaroo Wrap(http://www.youtube.com/watch?v=8T8CkBDP1Zo), which makes a sort of a pouch to stuff little extra gifts in (like little stuffed animals or teething toys). It might work...I don't know 'cause I haven't tried it myself.
I thought this would be a creative way to use up fabric in your stash that you're not sure what to do with or just really special. Or maybe have an interesting way to wrap another gift with a thinner quilt. I just wanted to share.