i went with the microsuede from JC penney. http://www4.jcpenney.com/jcp/X6.aspx?ItemTyp=G&itemID=145043d&GrpTyp=STY&ShowMenu=T&ShopBy=0&SearchString=bean+bag&RefPage=SearchDepartment.aspx&s4PageSize=15&CmCatId=EXTERNAL|searchdepartment&Search1Prod=True
the denim ones right above are $20 cheaper, but since the covers arent removable (and i wanted pink for the kids), i decided to go with the darker microsuede (plus they look more comfy). free shipping with FEAST41 too. my sister has these and loves them. i'm glad i didnt go with PBK - just too expensive, especially now that my kids are american girl fans - yikes.
Kelly, thank you for posting this. I was also looking for beanbags but have not had time to do a lot of research on them so I am going to go with your recommendation and get those for Christopher also :)