Found this incredible needlefelted "Venus" by Stephanie Metz who lives and works out of San Fransisco. She is a sculptor who works in needlefelted wool. Take a look at her site - she is an artist with a point of view which she communicates so well via her art. I particularly love the "Overbred Animals" series as a commentary on our relationship to the animals that we are bio-engineering for food production. Very thoughtful. Be sure to check out the entire portfolio - especially the figurative studies.
In other surfing - I also found this extremely cute (and highly more achievable) monster - firstly this one from Dawn Schiller of Oddfae (maker of those steampunk Chrono-Seidh that I am so completely in love with). There was another site with awesome one eyed monsters - but I've been looking for it all day - and it has disappeared.
But there are also these bags from Beth Connors from Felting In Fibre-Space.