I have made a number of felted items over the years. Some have come out wonderfully! I love the process. I love washing a giant and shapeless loosely knit item and watching it turn into a tight piece of fabric with a solid shape and structure. Felting can hide many ills, including dropped stitches, and it results in a fabric that doesn't fray or unravel. It's a hopeful process in that regard; a lot of the time, a piece that looks all wrong tightens up and becomes a great object.
But I was sadly disappointed in the black felted hat!
Due to my choice of yarn, after felting mine ended up REALLY fuzzy. Like, pimp hat fuzzy. My husband said he would have to get me a cane, a fur coat, and a pair of platform shoes.
I used his beard trimmer to cut off the fuzz, but I still wasn't crazy about the surface even after that.
The fatal problem: The top of it puckers where it decreases. I think this is because it decreases too fast. It has you doing 8 decrs per round with no plain round between, and I think that’s why the puckers happen.
I tried to pull these out when felting but was only partly successful. Not only did they not pull out, they only increased when I felted it a second time (because it was still way too big after the first felting). Because of this I didn’t even want to waste the ribbon to decorate it (you can see I was planning on a nice brown one. But I just couldn't get past the pucker).
They can't all be winners.