It was interesting to note Schacht Spindle's release of their Zoom Loom 4-inch pin loom.
The zoom loom is very similar to the Weave-it loom, which came out in the 1930's.
A few years ago I began collecting Weave-it Looms. These hand-held looms are fun and relaxing to play with, and a great way to use leftover bits of yarn. I especially like making squares in hand-dyed and Noro yarns.
I have some Weave-its in the 4-inch size:
and some in the smaller, 3-inch size.
The Winter 2005 issue of Spin-off magazine included instructions for making "Loom Blooms" on Weave-it looms. What a fun project!
I've enjoyed making Loom Bloom brooches and using up some of those addicting-to-make little squares.
If you'd like to learn more about Weave-it and other little looms, check out the wealth of information at eLoomaNation.