Just finished the first project of 2012, a pair of Dead Simple Lace Socks from Socks From The Toe Up by Wendy Johnson.
I used Judy's Magic Cast-on, a short row heel, and a picot edge bind-off. All done in KnitPicks Comfy in Lilac Mist.
Yes they are loose and slouchy, but when you have self-inflating ankles that's actually a plus.
These are wear around the house socks. I admit it, I made them to match my lilac apron. Of course now I can't find the picture. Oh well.
Next up, the ever exciting dishcloth. Whee.