Thanks all. I left my new yarn out so I could see it.. and I just kept, kept knitting away at the little baby hat that I was knitting and I finally finished it after about 3 hours. *I posted the photo of the hat in the what cha knitting section.
So, last night.. I cast on w/ one of the soft fuzzy mohair yarns to work on a simple lace stitch that I could teach to a new knitter in the near future. (my friend wanted to learn how to do lace after I showed her examples in the yarn market of knitted scarves in a simple lace stitch.) The yarn market is a really good teaching tool too- since, they have knitted items on display and she was able to pick out the 'basket weave' stitch.. which is what I taught her to use for her scarf. I WAS SO PROUD OF HER.. WHEN SHE'D STOP ME AND SAY, 'Look, here's another scarf in the basketweave stitch.'
But, it was also a good teaching tool- because, I could show her other stitches in person by using the various knitted items in the different yarn vendors shops.
Here's the result..