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.
And here's a few others that use bulky..