This is a Bunnaroo.
It is an old Aborigine Legend (I'm certain Lindsay can confirm this) that one of the first rabbits sent to Australia for some trivial misdeed at home, fell in love with a kangaroo. The offspring were little rabbits with pockets where they could keep their carrots. This made them very happy.
(BTW - I was led well astray by the pattern in Knit Now which billed it as a 'cushion.' it is in 4 ply and is half the size I thought it would be. Some day though I may knit it in DK. 🙂)
(Yes, know my pom-pom is not of the best, but I did mine. My best, I mean...
Also I was running out of the yellow, so I crocheted my pocket.)
I think some little girl would love to keep her special trinkets in that pocket, or maybe use it as a toothfairy pillow. I love the idea of a kangaroo and a bunny, I wonder if it were a small kangaroo or a large bunny?