I like the name Blanket Statements. It's catchy and memorable. It's up to you whether you want to keep it. You DO have blankets in your shop, along with other sewn items as well.
May I make a suggestion that will help you with SEO? I noticed you have "blanketstatements" typed all spaced out as your shop title. Your shop title is the line of text right below "Blanket Statements" under your banner. Your shop title should say exactly what you sell (not repeat your shop name). This is what search engines like google pick up on. The way you have it set up now the search engines can't read it at all. For example, for your shop it could say "Handmade quilts, blankets, pillows, accessories." You're only given so many characters so keep it brief and to the point.
I closed this shop for almost 3 years and reopened in Oct. 2012. I originally sold my cards and my daughter's jewelry. When I reopened I changed the name to reflect that I'm strictly paper crafts now. It's also a name I've used elsewhere online and I wanted to brand my shop. It has worked very well for me. I think your name as it is still works with the new lines you want to create. Keep in mind that Etsy will only let you change it once so make sure it's something you really want (and make sure it's not a trademarked or copyrighted name).
