We saw the Thilde Pocket over at Kidshaus and thought it was a great idea. Designed to give parents a bit more sleep if their child is active in the morning, the Thilde Pocket holds a few of your child's favorite things in the hopes of keeping them occupied while you get a few more z's.
When your baby is very young, it can hold a few essentials that you want quick access to and when your child outgrows the crib, the Thilde can be hung over a chair. The Thilde Pocket is made in Sweden and available at Craftsbury Kids ($56). It also seems like the perfect project to try for those of us who sew.