I've just started recycling yarn and I love it.
I bought a mens sweater that was 100% baby alpaca it is so soft. Today I just went and bought a 100% cashmere sweater in the prettiest purple. I have no clue what I am going to make out of them, but I am having so much fun hunting and unraveling them. My knitting has even taken a backside to this.
This is a picture of the baby alpaca yarn, I have already washed and straightened it, some hanks have a bit of a wave to them still but I think they will knit up nice.