I have two to knit - DH's cousin is due in Nov and a good friend of mine is due in Jan, both with boys. I was thinking of doing a feather and fan for DH's cousin (it looks tougher than it really is, impress the inlaws, that sort of thing) and maybe a pinwheel blanket for my friend (sort of an off-the-wall free spirit sort of person, in a good way), though I've been contemplating a log cabin blanket for her instead lately.
I need to find yarn to start both blankets, I tried to start the F&F with Caron Simply Soft, but I couldn't stand it - too shiny and crunchy.
ETA: I finished this blanket for another friend, due in Oct: http://www.diynetwork.com/diy/na_knitting/article/0,2025,DIY_14141_4116091,00.html
It was really easy and came out really cute, unfortunately I forgot to take a picture of my finished blanket before I gave it to her