I love the term efficiency quilt and will begin using it! I just bought a new panel (juvenile barnyard print) to work on for my office and to keep my sanity.
I have also decided to create my own quilt top from fabric scraps I have saved from garments I have made.... most of the scraps are between 20-30 years old. It will not be a "pretty quilt" but it will be a "memory quilt". I am hoping to sew the scraps together and then work on hand quilting it during the fall semester while I work on my dissertation. Time will tell.....