Found this fab website that specialises in commissioned affordable pieces for gifts. It's all based around names and initial letters. You can personalise things by adding greetings like baby's weight and date of birth; or date of a christening and the name of the church, etc. The website isn't as fluid as it could be [young company?], but the products are really different - not like other gifts that claim to be 'personalised'. Worth a look:
www.namesmith.co.uk