This was fun to knit, and following EZ's pithy directions wasn't difficult either. Pictures link to my project on Ravelry with information about yarn and pattern. There are some snazzy examples on Ravelry. Mine is just okay.
I'm not sure if it's modern enough to make many more of them for the CFOL fund raiser. Slouch hats and scarves are probably more popular. Speaking of scarves, the current project on the needles is a clapotis made with Noro's Kureyon Sock yarn. More about that later.
The links are to Ravelry. If you aren't a member, I encourage you to join - add your projects, track your stash, bla-bla-bla on the forums.