In one of my newsletters online a gal posted about a new pattern she was looking for a new iron holder. Here is the link really is a cool looking package actually like a purse . I like that look ,really nice looking!!! There are several sizes to match your iron.
Here is another site http://luannkessi.blogspot.com/2010/03/iron-cozytutorial.html
Her pattern is for a triangle shaped pouch .She also has a challenge yourself for better Free motion Quilting