I've made a lot of play quilts with raggy bindings lately. They're a perfect baby gift.
They're 1 1/4yd square, one solid piece of fabric on each side.
Raggy bindings are quick and give some fun texture. You can learn how to make them here.
Since I make so many raggy bindings, I invested in these rag snippers. They're amazing. I can snip a baby quilt in less than 5 minutes with no sore joints or stiffness! (in case you think I'm being wimpy, just wait, it comes when you reach the 50 club!) They really do all the things they say they do (below)