There's nothing quite so satisfying as deliberately felting knitting.
I had a go at felting my spinning wheel pouch by hand, but after what felt like an hour of prodding, squeezing and topping it up with boiling water, I chucked it in the washing machine with a big towel.
Hey presto, a little pouch emerged.
It hangs nicely on the front of my wheel, although I've still only got my rather plain orifice hook in there (is there another, more pleasant name for these things?). Apparently I also need oil, a prettier hook, scissors and squares of chocolate ...
Quite frankly, if I can keep it out of the hands of a certain little bag-lover I'll be very lucky.
My Ravelry project page, with a few more notes, is here.