Following this drive to pick it up and wubble it, I found it was soft and pleasing to the hands, it could alter it's shape and height by altering it's mass through being handled by a human. Over all it seems to be a lovable creature, and I have taken it to my home for further study.
It will be noted I did locate the origin of this creature being from a lady who breeds them. She said they are called nubbins.
Her friend candidly told me she believed they ate infants, and that is why no child under 3 should be left alone with one.