Oh my gosh that is stinking cute! I want to run right out there to see if my local TM store has any!
I think you'll be fine using it. Wash it and see how it cleans up. That's a great way to see how well the fabric will hold other than the feel of it... some fabrics are starched so much that after you wash them they're totally different afterwards. That fabric is so adorable though. I'd personally use it - if it felt good to me.