I've been meaning to post these for a while, but I just forgot about them until tonight! "Rach1" on the Cricut Messageboard was SOOOOOOO kind to send me the DS .cut file for the wrapper. THANK YOU!!! You can check out her blog at Rachie's Scrap Spot.
All it takes to make this is your Cricut, a sheet of paper (this is a print by Sandylion) and a pair of fluffy socks (I got these from the M's dollar bins!). Oh, and a pom pom for the cherry on top.
Simply roll up the sock, toe first, and place inside wrapper. Gently pull the inner-most part of the sock up and adjust the layers as needed. Then pop a pom pom on top and ta-da! What cute, inexpensive gift!