Did I mention that I just love this pattern? It's too cute for words.
I went to Westport Yarns and picked up two skeins of Ella Rae Pansies in color 02/pink-purple. I think I can knit 2-3 newborn ruffle hats with this yarn. You can see my modifications to this pattern on Ravelry - Ruffle Hat to knit it in the round instead of flat as originally written. I'll never understand why anyone would knit a baby's hat flat and then have a seam.