Multnomah shawl in Freia Handpaints Ombre Lace. I'm using size 6 needles and I'll probably make the shawl a lot larger than the pattern says. The pattern calls for one 400-yd skein of sock yarn, but I want to use my whole 645-yd skein of laceweight, so I can get the full effect of the color changes.
It's knitting up pretty quickly so far, and the pattern is really easy to follow. I came up with a clever stitch-marker scheme to keep track of whether I'm on the row with the yarn-overs or the row without them without writing down how many rows I've done. I'm almost to the first color change in the yarn!