Ok, so I think THIS was technically my second piece. The bottom band was made by knitting two, purling two, and repeating... and it kind of looks floppy in this picture. Oh well!
I really like this yarn--I stop to look at it so much when using it that my knitting goes slower. :( It's Bernat's Baby Stretch in "Jack in the Box". And the piece was knitted in the round with the same size 8 needles I never put down.
The top of the hat was made using a generic pom pom method, but because of the yarn (which I made sure to stretch out while winding), it came out like the softest, floppiest koosh ball ever. I love it! It also looks about as big as the hat itself, but the hat is very stretchy.