I have been knitting on the New Vintage Capelet and I really love it. It's going fast. I am finished with the lace portion at the bottom and am a few rows into the straight ss portion. I also love the big honking ball 'o yarn from Canada. It's soft and so far there have been no knots! I have no idea why that is underlined and I cannot figure out how to remove it!
I've also done my swatch for the Shawl Back Shrug from elann.com and have cast on for it. I'm using Zephyr DK in Real Red and I love this yarn! It is so soft and the stitches just look gorgeous which is saying a lot for this yarn to make my stitches look good!