Blanket Woes-What's your take on it?

I'm going to start this out by saying I am totally biased as my childhood blanket was cut into small sqaures before my eyes by my sister when I was about 5. I have, of course, forgiven her, but the incident is not forgotten. Therefore, I am not an impartial source here. Your comments would be appreciated, and I don't mean about my sister's actions nearly 30 years ago.

Inwe's blanket, used for security and a sleep aid, is unraveling. See exhibit A. She chose this blanket from many others when she was 4 or 5 months old. (Larien did the same around the same age, but she chose a hand knitted blanket from Lady Librarian.) I had actually bought a few others like this blanket to rotate when the original needed washing. One of them actually passed her test as a car blanket for a while. About 9 months ago, Inwe decided that the second blanket was not soft enough and began rejecting it. Now, the original is in sad shape. I find strings from it on the ground at least three times a week.

Yesterday, Phill made a comment to Inwe that one day her blanket was going to lose all its strings.

"It is?" (See below for an example of a worried face.)

"Yes, Inwe. One day it will all be gone." Insert a glare directed at Phill from me.

Inwe went to nap clutching her blanket. When she woke up, she was still clutching it and said, "No, Mommy, don't touch it. The strings may fall out!"

I did what I could to alleviate her fears that she might lose it in the next hour or so. I think she believed me. However, do you think Phill should have told her that the blanket was going to fall apart or should she just have had the experience of watching it slowly unravel? Comments can be anonymous.