Thank you so much to all of you. Everything that you have mentioned happened to that quilt. It pilled, it faded in spots on some squares and faded completely on others so that it looks like I used two different pinks and it's wrinkled.
The pattern on one of the flannels is baby birds. So I'm making a stuffed animal (following the bird on the flannel) out of one of the left over flannels - the one that I used for some of the squares and the binding and plan on wrapping him in the blanket as Dunster suggested and put both in a cellophane wrapper with a big bow.
If the bird doesn't work out well, then I'll head for the store! It's just that the quilt was so much work....