I'm working on the Lily of the Valley shawl from a back issue of Knitters in Jaggerspun Zephyr, daffodil color. It's a triangular shawl, and you start with one of the side borders and then pick up stitches and knit the body and top and side borders at the same time. I was a little worried after knitting the border, because it was longer than I was tall, but once I picked up the stitches it pulled differently and shrank considerably. It's still going to be a large piece, though.
Now I'm firmly in the land of nupps, but thanks to my new Addi lace needle that I picked up during a sale at a LYS yesterday, they're moving along just fine. The point is about the same sharpness as the Options needles (yet for some reason doesn't try to split the yarn like the Options needle I was using did), but the taper is longer and there's a narrow bit at the tip that makes knitting 5 together no more trouble than knitting two together.
My husband is taking classes in the evenings for the next six weeks or so, and I started this project so I'd have a chance to learn lace with no distractions, and I'm starting to think I might actually finish before he's done!