I have one of these hoops from Joann's fabric. They are lovely! I even have the floor model frame of the same brand and LOVE it! I am using this smaller hand held one to hand quilt my daughters crib quilt.
The quilt is held tightly and doesn't slip in the frame. You can loosen the tension on the quilt just by rotating the holders (can't think of the right word)
http://www.joann.com/joann/catalog/p...ODID=prd791567