That works for me!
Also: We have cats, but I make a point of keeping any charity projects bagged. This is actually more for my sanity than anything else. (Not that they ever mess with my knitting, but it would be my luck that they'd pick one of these projects to eat.)
I'm also sensitive to smells. I've had to air out other blankets before I could work on them. (Which, in my house, means spreading it out in the closet so the cats can't get to it.)