Have you ever looked at Chasing Fireflies children's clothing? Simple Amazing!
And simply outrageously priced. This cape is $48. It cost $7 to make two of them.
Sorry for the crummy resolution. Their site really will blow your socks off.
I thought this looked to be an inexpensive, doable project. It was both of those things, although the finished project is Heidi-quality, not a high end children's boutique creation. I simply couldn't keep that silky fabric still.
I love this picture of the girls watching TV pantsless in capes. What a life.