Yeah, I know... I couldn't resist.
Ok, all corny jokes aside, have you SEEN the superbibs from Bumkins? These things do it all. There's a pouch for crumb collections, and it's waterproof. Bumkins makes all kinds of bibs, from ones with sleeves to full-coverage ones that look like they would actually be really great for keeping things like easter egg dye or other messy project-type stains off your child.
There's a link to see all the cool kinds of bibs up on The Nurse Mommy's blog in the Bumkins superbib giveaway post. She's hosting a giveaway a superbib in the blue owls print, which is adorable.
Go check out the bibs, then enter the giveaway.