I was very happy to see this thread as I've been occasionally bewildered by some abbreviations!
I though LOL was "Lots of Luck", but as you can imagine it didn't quite make sense most of the time!!
FO tally since knitting odyssey began in Jan. '05:
5 baby blankets; 2 afghans; 1 large afghan for large brother-in-law; 4 scarves; 4 toddler sweaters; 6 simple teddy bears; This teddy bear and 4 others from the book
; 1 monkey; 1 tank top/cardigan set; 1 cape; 1 shrug; 1 pair mittens; 2 pairs socks; 2 pairs felted clogs; 1 hat; lace edged tank
, Vitadini Lace Yoked Top
Currently working on: scarf for sis