Well, this project whipped up so quick and easy, in fact, that I couldn't help but use the leftover cashmere to make a matching one for myself.
Botanic Hat by Stephen West (available in the shop)
Cashmere / wool :: 4 oz.
Cost of materials: $24.50
I especially love the reversibility of the hat, and because of the way the decreases are set up (the crown of the hat is worked on 4 needles, rather than the 3 that I usually opt for when I'm using DPNs), the back side has these cool veins running up and down that merge at the top.
Come on in and give it a try!