Oh duh...you said in your first post.

I think it would be good for most anything that is a simple pattern. Pattern stitches don't always show up very well with the thick and thin yarns. I checked on Ravelry (which you should join btw..awesome place to look up yarn and patterns!) and there were only a few people who've used it, but what I saw looked nice. Here's a few of the patterns used. They have used different yarns in the pattern pictures, but it's close to the same weight so you'll be okay with these I think.
http://www.purlsgonewild.com/blog/?page_id=195
http://www.lionbrand.com/patterns/kb...Scarf.html?r=1
And here's a few others that use bulky..
Mitts
http://www.knittingdaily.com/media/p/17341.aspx
http://www.craftleftovers.com/blog/archives/141
Hat
http://www.lionbrand.com/patterns/80...html?noImages=
http://racheliufer.blogspot.com/2007...-blue-hat.html