This yarn works really well for the pattern which is just a combination of knit, y2tog, and yo stitches. It's really simple and fun to work on. I can just pick it up and watch tv or a movie and not have to concentrate really hard on what I'm doing. It's not at all like the Lily of the Valley scarf I'm working on, which takes nearly all of my concentration!
The eyelet cowl is knitting up pretty quickly. I've been knitting it off and on for the past couple of weeks when I don't feel like working on my other projects. The good thing is I don't have any projects with deadlines other than trying to get another baby beanie completed before August so I can work as slowly as I want on this. I might just finish it so I get that gratification of finishing another project, and so I can get a draft of the pattern complete, though. That way I can start another project!