I did two baby blankets in the homespun. They're really soft and I love the yarn. I've seen a few people post that said they didn't like it because it was "splitty", but I didn't have that problem.
I actually had to try to knit straight from a skein this week because I bought some Caron One Pounders from Joann's, no way I was going to make one big ball from it, and I don't know how to separate it into manageable balls. So, I did knit from the center and I'm about half way thru the pound and I haven't had any problems.
I also decided that I really like the yarn. Regular $ is 7, $4.50 on sale. If you have a Hobby Lobby, Joann's will honor their coupons. So, when they're not on sale, I wait for the week when HL has their 40% off coupon...great deal. If you don't have either of these stores, they both have on-line shopping and Joann's usually has a 50% off coupon for online shopping. I don't know if Michaels has the Caron..., but if so, they may also honor the coupon (you get it on HL's website).
Hope that helps........Have fun