UPDATE: I HAVE HAPPY SPEWING FROM MY EYES AND EARS RIGHT NOW.

This hat will proclaim to all who see it that you truly are the trickiest of tricksters; rivaled only by magicians and conmen alike! And if, perchance, your enimies see you coming toward them, with rabbit ears jiggling galore, they will know for sure that they have nowhere to run.

Technical specs:
-Team coloured ribbon
-3 LODs; at 1392, 859 and 540 triangles
-Ears and top of hat jiggleboned
-Texture size of 256 by 256

3D model: http://p3d.in/y8WSr

I intend to create an entire magic set for the spy, so stay tuned! Also thanks to Ragedoktor for the video! It actually surprised me to see it.

Update:
- Now uses the import tool!
- Featured in PC Gamer, April 2013! https://dl.dropboxusercontent.com/u/9845157/PC%20Gamer%20April%202013%20Edited.jpg
I know, I was as suprised as you! :D