I followed the tutorial at Design Invention. Essentially I just took it apart peice by pain-staking peice (do you know how many staples they use?!). Then I cut each peice from the new fabric (which is actually a duvet that was on sale for $36!). I put it all back together & here is the end result:
Isn't it uber-cool? I am quite pleased (although I don't want anyone to sit in it! just look at it!).