My sister-in-law has graduated from apprentice knitter to full-blown knitter. In December she asked me to teach her how to knit and so I did. Her first project was this scarf:
Last night she finished this felted bag which looks fantastic and is going to be very useful as every knitter needs a cute bag to carry thier supplies in. This pattern is from Debbie Stoller's Stitch 'N Bitch: The Knitter's Handbook
As for me, last night I finished reading The Time Traveler's Wife which was fantastic. I cried and cried at the end. I highly recommend this book!