The last steps...

The last few steps for this blanket are:  serving the edges(it makes a nice, lasting finish) and then clipping all the raw edges on the right side of the blanket.  The clips are made about every 1/2 to one inch, I don't try to get them all the same because I like a more natural finish.
Here's the blanket after serging:

I typically round the corners to make it easier to serge.  The clipping is done like this, with the spring loaded snips in the picture, they're easier on the hands.

The last step is the one I don't have a photo of for this blanket, and that's washing.  When you wash the blanket with it's snipped flannel squares, they fray and make a nice, soft, raggy edge that's similar to chenille.  It also makes a TON of lint, which gradually decreases with each washing.  I keep trying to do the washing step at a laundromat, but that doesn't always fit with my day.  I didn't get a final shot of this blanket because I missed one row of clipping(thanks, Katie, for fixing it), and I was running a bit behind.  Here's the effect on another blanket:

So, that's it!  Except that Gabe has asked for one from my assortment of scraps.  It's really hard to resist Gabe.