I'm with most of everyone else here and not really sure what pacing is. I just went though my WIP, orginizing them and counting the preemie hat that I started 2 days ago and I think I will finish today (it's with bulky yarn and size 10 needles) and the project I'm starting today I am DOWN to 15. Yes I said down to 15. I had over 20 a few weeks ago and have finished a bunch. 2 of those also just need a little work, one is a purse that needs a button, and I think I may have found the right one and the otheris a shawl that I need to find the time and space to block. With 3 little ones it's hard to find the time ans space at the same time.
So only 13 are actually on the needles.
Some are long term projects, like afghans, (I have 2 of those). And hats in a series that I'm trying to write patterns for that will take me a little while to work out all the kinks. And lace shawls, I have 3 of those, but I think ones going to get frogged and started over, not happy with the needle size.
Then others are quicker knits, like a cuddle bunny that will be really fast and a toddle vest that won't take very long.
And then there's my mindless knitting project that's going to take forever.... it's a poncho that I'm knitting with fingering weight yarn on size 5 needles. I WANT this one to take a long time. I have found that having something that's mindless is good for big projects. Good to have in my bag for when I have to wait for some reason and it's easy to pick up and knit and put away when I need to. And I love the yarn, so that makes it so I really enjoy it even more.
I know that having this many projects would drive some people crazy... but I like it better this way.
And it's somewhat interseting... I always seem to finish several right about the same time. But I always start more right away.
I really do LOVE the entire process!
I say knit things when you want to. Knitting should make you happy!
And if that means waiting just remember why you want to wait. Why you don't like having more than 2 WIP at a time.