So this lovely hat is made from two different handspuns. I love it. It only took about an hour to make, too. Because it was knit on size 11 needles, and is rather holey. Just a yo, k2tog lace thing.
In fact, a pattern is in order.
Obligatory Myspace-bathroom-emo-headtilt shot.

Ingredients:
bulky-weight yarn, bought or handspun, 2 colors
size 11 needles
tapestry needle
Pattern:
CO 40 stitches in first color,
knit four rows in 1x1 rib
Switch to second color, increase one stitch at the beginning of the row
Knit three rows in garter stitch,
K2, *yo, k2tog, repeat from *to last stitch, k1
Knit two rows in garter stitch
knit one row, decreasing four stitches evenly. 37 stitches
K2, *yo, k2tog, repeat from *to last stitch, k1
Knit two rows in garter stitch,
Knit one row, decreasing four stitches evenly. 33 stitches
K2, *yo, k2tog, repeat from *to last stitch, k1
Switch to first color
Knit two rows in garter stitch
Knit one row, decrease two stitches evenly, 31 stitches.
K2, *yo, k2tog, repeat from *to last stitch, k1
Knit two rows in garter stitch
Knit one row, decrease two stitches evenly, 29 stitches.
K2, *yo, k2tog, repeat from *to last stitch, k1
Knit two rows in garter stitch
BO, Knitting two stitches together for each BO stitch.
Finishing:
Sew up along the edge, leaving a large circle to fit around your head. Then wear it proudly. In public. And proclaim quite loudly, 'Oh, you like my hat, do you? Yeah, I'm so cool, I made it.'
Not that I have ever done that, or anything.
Amber.