Well I did it! I finally made some oven mitts and held off on felting them until I could make a video! I hope that you enjoy this tutorial on how to felt by hand with a bucket.
I have also put an extended version of the video on youtube. It is almost three times as long, and contains extra footage of me felting the oven mitts and a lot more talking by me! I doubt anyone would want to see the extended version, but someone may be interested to see a some more images of intermediately felted items.