I think I'm going to do mine in shot cotton. And as a recent convert to starching the heck out of everything before cutting, I was starching some of the Oakshott they sell at the TQS store today. The colors are really lovely and since "baskets" give me an Amish vibe, I thought shot cotton would be a way to make it more modern looking.
Anyway, just a head's up ... the Oakshott visibly shrinks a bit. However, it didn't bleed at all -- which is really a much bigger issue for me, because it doubles the work.