Hat with a pompom on it...in the game it's called a new bonnet...totally out of character with the game itself seeing as it's more of a child's knit hat...very colorful....I know it isn't vital to the game in any way. I was just wondering what the thought was behind putting it into the game...
I got the Owl's Bonnet once out of the chest in Joram's cellar once. It was the same as the new bonnet except it had +1 Sight instead of the lightning resistance or whatever it has. I kept it just cause it looked cool. If only it looked that way on your character then that'd be so awesome.