I have had a look at peg looms at Woolfest (a rare treat to go for me nowadays...) and thought that you could make a good felt-type rug straight from the fleece.... now I just need some time, a peg loom, ......
But if you have some fine dog brushes, you can brush individual locks/bits of fleece (like carding) and felt them or make a spindle and try to spin some yarn (loads of stuff on U tube I think) or even use for stuffing cushions...