I was thinking washable merino wool, perhaps with 5% lycra but it is up to $35 US dollars per yard and I need 5 yardsTerrycloth is too heavy/bulky, I can't stand fleeceAny other knit fabrics which would be appropriate? Recommendations?
Removing the insulation will result in higher heating and cooling costs for youPlus it will make the attic drafty and unlivableNot to mention that it will make your home very noisyTo make the attic livable, you'll need to add a floor, and sheet rockPlus proper ventilation.
If your cousin moving in is just a temp thing it would be okay just make sure you vacuum thoroughlyIt is not good to permanently remove insulation from a house especially during the winter months.
Not a good idea to remove the insulationHire a handyman to put up sheetrock or do it yourselfIt's easy and cheap.
Of course, you should never use a room with exposed fiberglass insulation as living spaceEven if you did remove it, you would have airborne residue for quite sometimeThe particles will lodge in your skin and lungs and cause illnessMy advice would be not to remove the insulationIt's there for a reasonIf you need to use attic space, finish the attic firstThis process is pretty simpleJust throw up some sheetrock or paneling (which should be backed with 1/4 insheetrock anyway) on the walls and ceiling, and plywood on the floorYou can get cheap carpet or vinyl flooring remnants from a flooring shopWith help, the attic can be made liveable in about two weekendsIt doesn't necessarily have to look good if all you need is a place to stick a bedThe fine details can be worked out some other time if you decide it would make a sweet rec room.
Merino wool refers to the fiber - it is wool from merino sheepIt tells you nothing of the fabric constructionMerino wool jersey refers to a jersey knit of merino wool yarnspinwale corduroy panne velvet thermal knits interlock wicking polyester knits suedecloth peached rayon or poly velour kasha (ps: good flannel doesn't pillHard to find, though.)