I working on the most beautiful shrug featured in the Spring edition of Knitty. It's called Nob Hill. And ANYBODY who is ANYBODY is knitting it. Okay theres like 50 folks on Ravelry knitting it but thats b/c they don't realize how quick this thing knits up.
I'm using Lion Brand Wool-Ease Thick and Quick in the color Cranberry. I'm going to use Ebony for a contrast color on the sleeves and collar. Check out the pattern @ www.knitty.com