Craftster user UpKnitCreek created this Legend of Zelda-inspired Link outfit for a friend's baby shower. For authenticity, she (he?) even put leather soles on the booties and wrapped the whole thing in a wooden chest that looks like one from the game. More pictures at the link.
Link via Crunch Gear
For the full effect, did she hold it up over her head and then yell out "You have acquired the baby's outfit!"