I finally have a new project started this week (and an FO for later in the week!). I started a One-Skein Baby Bolero from Leigh Radford's book One Skein. I'm using a skein of Blue Sky Alpacas Organic Cotton that I bought at Stitches East back in 2010.
I have all three pieces finished and the shoulder seams sewn. I'm having a little trouble sewing in the sleeves, but once I figure that out, all that's left to do is knit the border around. It worked up very quickly and the yarn is really soft and has a great hand for being 100% cotton.