This is the same kind of stitch that I used for the Avocado Green Shawl. When I finished the shawl, I thought: "Hmm, this stitch would be nice for a light, lacy baby blanket." So after some readjustments, I was able to use this stitch to make a baby afghan.
This blanket wouldn't be ideal for wrapping a baby as tiny fingers might get stuck in the open stitches. But this blanket will be perfect as a stroller cover or a photography prompt.
I also made a matching baby hat in size 0-3 months.
I used Snuggly Wuggly Big by Threads and Loops. One ball was enough for the blanket and the hat, and I actually have a bit of the yarn left.