Here's an idea:
http://www.favequilts.com/Quilts-For...Quilt-for-Baby
It's quick, rather striking, but so personal! (You could use repro fabrics, modern fabrics or whatever colors the parents want.) In addition to the name, or in place of it, applique on a silhouette of a rocking horse. (Google "rocking horse silhouette.") I don't know why I find the rocking horse idea so appealing, but you could easily add, instead, a ball, a train engine or a few blocks, whatever strikes your fancy... THe silhouette doesn't have to be huge and it could be put in center or at angle off center...just play with a paper cut-out first.