I want them for my kitchen so I went to the trusty Google. Apparently lots of people have the same idea and have been crafting a variation of these for themselves and to sell on Etsy. The most popular way to make them seems to be decoupaging wooden letters with scrapbook paper like they show here.
I love the idea of making the letters of your child's name to hang over their crib/bed or to make other words for decor like Hope, Love, Home, Family, etc. but for now I want Eat, so I am going to head to Michaels and get all the supplies and make this my next non-crochet project. I'll show it off when I'm finished!