Did these a few years ago (and showed co-workers who also did them - total we made about 30). It's a different take on the knotted fleece blankets - it's called bunny ears.
http://www.bfranklincrafts.com/Craft...arBlanket.html
We made them for every age group, male and female and everyone LOVDED them. For the men's couch throw size, we used 2.5 yards. For teenage guys, their favorite ball team fleece can be used on one side, plain on the other. For little girls, there's all kinds of prince prints, etc. I've even made them for my husband's office assistants. I can make one in just over 1.5 hours. It's cheap and fast and everyone can use a blanket.