If you are a beginning quilter, here is a great next-step-quilt: Fit For A Princess Quilt. It's a simple pattern that is made from Fat Quarters. I like it because it's a tad more challenging than sewing squares together -- and there are no borders.
Here's my work-in-progress up on the design wall. I'm making mine bigger than what's instructed on the pattern.
The fabric is Basic Grey: Blush. This is a Fons and Porter Quilt Design Wall, but Elizabeth Hartman has a great tutorial on making a design wall.
I used to draw diagonal lines but recently switched to a Sew Easy Guide from Sew Together. Visit their website for some great videos on using this tool.
And a quick word about the Fons and Porter Quilt Design Wall. The reviews on Amazon are negative. I have four of these and love them! The only problem I've had is that the grommets can come off. But I just sew a button hole in place of the grommet. I've tried flannel-backed table cloths but many of them don't have enough "flannel" to make the fabric stick. If you decide to buy your own, table cloth pads (that go under a fabric table cloth) work really well. They are thicker. I got mine at Target.