Sometimes less really is more. That's definitely the case with this pattern. It's a simple, but lovely, way to showcase half a skein of "too good for socks" hand-dyed yarn. It's also a perfectly portable project, ideal for knitting on the go.
This is a great pattern for beginners although please note that the first row might be a little tight. Just keep going, getting started is the most difficult bit about knitting in the round.
The pattern is designed to use half a skein of sock yarn (about 200m) but it works well if knitted longer to use up more yarn - it looks a little more slouchy that way. If you only have a small amount of yarn you may need to start the decreases earlier - perhaps put a lifeline in before you start them if you think you might run out of yarn.
Pattern update (15 December 2013) - now includes notes on knitting the pattern in aran and bulky weight yarn.
6.5 stitches per inch
219 yards of Fingering weight