I made a baby quilt some years ago, using a coloring page with a bear and balloons. Unfortunately, did not get a picture before I gave it away, but the little girl dragged that quilt everywhere. The only time the mom could was it was when the baby was fast asleep, lol
I would agree with the previous poster "... if you can trace it, you can applique it...". I would also add, if you like it, do it.