I just got the PM version of the cloak on eBay. It always seemed so simple, I figured I could make something similar or have it made...but then Felicity was the last of my AG dolls to lack a coat or some kind of winter weather protection. Red is my favorite color, so I was delighted to see how bright and warm this is! It's a nice, thick piece of felt, with long ties. I wish the ties were a little thicker, but they do tie well. The felt is so thick, it doesn't really need lining. My only very minor complaint is that, yes, the edges are unfinished and may ravel with time. Otherwise, I'm glad I finally caved in and grabbed this. No wonder Lissie wears it in most of her books!