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Looks cozy. I used "Loops & Threads - Cuddly" yarn, and did double crochet rather than single crochet, which made it faster and even more easy. It took about 3 balls for the cocoon and part of another for the hat. I think using single crochet would be too bulky.
Sweet Dreams Baby Cocoon and Hat Set -- I'll be knitting this for my friend who's pregnant :)
Perfect for a fall baby gift! Knit Baby Pumpkin Set All free patterns plus modifications to bootie pattern on ravelry... Stuffed pumpkin pattern: www.curlypurly.co... Hat pattern: randomstitches.wordpress.com/2008/01/11/hello-world/ Booties pattern: www.saartjeknits.nl/