Speaking of... I saw this pattern on Knitty and while the hat isn't something I'll wear every day, I LOVE the stitch they use for it! I want to use the stitch on something else, actually...
Here's the stitch pattern:
Texture Pattern (Worked over an even number of sts):
Row 1 [RS]: K1, [k2tog] to last st, k1.
Row 2 [WS]: [K1, m1] to last 2 sts, k2.
Row 3 [RS]: K all sts.
Row 4 [WS]: K1, p to end. Note that changes of color are always made at the beginning of this row!
Repeat Rows 1-4 for Texture Pattern.