Fab Fabric n' Felt Valentine Wreath

So yesterday I worked on my latest Valentine's Day inspired decor idea while the kiddos were napping. I made this wreath for the front door, but I can't decide if I like it or if I should add something to it.

I wanted to use nothing new, but make it all from what I had on hand. I didn't have a wreath form, so I cut out a cardboard form and worked from there. I decided to change it up a bit and went with a rectangular shape. I actually like how it plays off the paneling in the front door.

I wrapped it in red felt, and then used some red fabric to accent the corners and make the little rosettes in the corner. I used bakers twine to wrap the entire perimeter when I was done and used a piece of red velvet ribbon as my hanger.

What do you think, should I do something else with it or leave it as is? I can't decide. On one hand I like the simplicity of it, on another hand it looks like a monotone rectangle to me. What would you do? Be honest, nice...but honest ;)

Here are some Valentine's Day related ideas from last year, a CD card...

some vintage Valentine printables....

and some hand dipped chocolate covered caramels. All really easy, all really inexpensive. If you look in the blog archives from Jan/Feb 2010 you'll find all of these ideas.

So, give me some feedback on my wreath. I'm interested to see what you all have to say!