Thanks guys. I thought about it a good 48 hours and went to tons of websites including yours Playfelt and also on Pinterest to see how to make my own etc. In the end I decided to invest the $45 for a standing table top one. I figure that it will look nice for interviews/tours also and pay off in the long run.

I saw some great ideas for file folder type things you can do using felt so I may try those and make them myself to balance things out.

At Christmas I had the idea to make a large green felt tree and put it on our play table and then cut various coloured "ornaments/balls" out of felt and a star and let the kids pretend they are decorating the tree. I didn't have a felt board but the children still seemed to like putting the things on the tree so I figured that maybe a felt board would be a good idea for every day use.

I want something that the children can use on their own and I also wanted to be able to use it for circle time. I think the standing one would probably work best for me.

Thanks again everyone