I guess I never thought about the absobancy issue and softness, I just thought about machine wash & dry.
I did wash my swatch and there wasn't any shrinkage although because it was kind of a sparkly yarn it lost some of its luster.
I'll have to use the yarn for something else. Any suggestions?
Maybe placemats wouldn't be too bad since they wouldn't get used too often and if they did they wouldn't need to washed too often.