I'm just starting to knock off the gifts on my holiday list. Each year I try to include something handmade by me for my children and a DIY felt board would be a great gift.
We found this homemade lovely over at 8foot6. The board itself is a canvas covered in felt. I love all of the details here down to the fruit on the trees. Get creative and cut out different objects and shapes for the four seasons. To check out this felt board in greater detail, head over to 8foot6 for some great close-up shots.
(Image: Shannon/8foot6)
Before & After: Emily Henderson Transforms a Senior's Studio Space
Monica & Austin's Charming Bungalow
Good Food to Share 
The Big Book of Small, Cool Spaces 
Apartment Therapy Presents 
The Eight-Step Home Cure 
White Enamel Four-P...
How to Make Easy 3-Ingredient Energy Bars at Home
How To Make Classic Chicken Salad
Are those ikea shelves?
What age child is a felt board appropriate for?
Liebling, I had a felt board in junior kindergarden which means I was almost 4 and had a blast playing with it.
I would image the board is appropriate for any child who is over the "stick everything in my mouth" phase.
My daughter's day care (ages 0-3) has a huge box of felt shapes and 8.5 x 11 felt boards (like Colorforms, remember those?) and they seem to be well used. My daughter, 13 months, doesn't know what to do with them - too young. But speaking of Colorforms, my brother and I played with those well into elementary school, maybe 8 years old. So I imagine this would have a long useful life.
A couple of thoughts: I tried making a felt board by clenching a big piece of felt in an Ikea frame and I don't think it's taut enough - so this canvas looks like a good improvement. Also, I read somewhere else that you can stick pictures and stuff to a felt board by taping sandpaper to the back. I tried it and coarse grit is not too effective. Just some FYIs. I want to keep trying.
@ Tasterspoon - I think I've heard of using velcro on the back of pictures to get it to stick to felt.