Thanks everyone for all your suggestions and compliments!
Now I have a third option LOL!! I think after I "birth" it and quilt it, I'm going to use it as a wall hanging. I have the perfect space in my dining room for it. Now the new dilemma: how do I hang it? I think I have to make a frame out of thin strips of wood in the shape of the piece but if anyone has another suggestion, please share.
You guys are the greatest when it comes to helping out fellow quilters--thank you!