I knit down to the hem, adding some diamond lace details.
The lace is adapted from a motif called "Diamond Rib" in the 365 Knitting Stitches perpetual calender (August 5, I think). I left out the purls between the diamonds so it wasn't a rib anymore.
Then I picked up and knitted the collar, using the rib pattern as written so it would be fairly elastic.
I have about a ball and a quarter left. I think I may be able to get some 3/4 length sleeves out of it, but if I don't, this piece is actually already pretty cute as a short-sleeved sweater. So we'll see what happens.
I've got a bit of a head cold that has got me feeling pretty rotten, so I'm not sure how much progress will be made in the next few days. I'll be sure to show you what happens next when it happens; in the meantime I may have to lie down. :)