As long as a dude with a mustache doesn't pop out of my morning cuppa joe, I think we'll be all right.
Available at Paperchase http://www.paperchase.co.uk/pantry-peepers/pantry-peepers-fine-porcelain-mug-in-box/invt/00477635/ ($7.50)
Via: Super Cute Kawaii http://www.supercutekawaii.com/2010/09/paperchase-for-everyone/
If you could hug a mug, this would be the top contender for most huggable for sure.
What else are you supposed to do while your coffee is cooling enough to drink?