I've decided to make the above item for this months project. Since I don't have a teapot but do have lots of mugs I think this can fit on my coffee mugs just fine. I got the pattern from Ravelry, here is the link: http://www.ravelry.com/patterns/library/knit-tea-cozy-3
I will start on the cozy while I'm waiting for the book to come. A group member is sending me one. Isn't that the nicest thing?