Thanks for the kind words. The color is actually a bit darker and richer in person. It's quite nice.
Kelly- this is the first Joann Sensations yarn I've used. I like it and would use it again. It seems a lot nicer than Lion Brands wool blends.
As far as the spin cycle goes....I think I could have shaped the bag a little better if it were more damp. I have a front loader, so even on the slow spin cycle my felted items come out almost dry. I'm sure its different depending on the yarn used, though.
I went to the bead store today and got a few beads to embellish the bag a little bit. I'll post more pics when I'm done with that.