Fascinating topic...and I also love the beauty and expertise that goes into traditional quilts. But lacking that talent, I turned to crazy quilts and found my niche! There is no right or wrong, no rules to follow...all creativity is good! You can mix fabrics, colors and all means of emblelishments...the more the better!
http://www.flickr.com/photos/5208699...7604915567034/
though I often use the "fancy" fabrics of velvet, silks, etc...here's a picture of my first cottons...learned in Judith Baker Montano's class: