So, I had all this left over Paton's Classic Wool from my Dr. Who scarf, so I decided to knit a long funny hat inspired by this dobby hat:
What I did: cast on 88 stitches then knit about 4" of 4x4 rib with US#7 circulars, then switched to US#8 circulars and stockinette stitch for about 6" before starting to decrease 2 stitches (ssk then k2tog both at the back) every 2 or 3 rows (decrease, knit three rounds, decrease, knit two rounds - kept track of this by putting multiple stitch markers of different colours ). When down to 12 stitches, I did k2tog all around, knit a plain round, then another k2tog round taking me down to 3. From there I did 3" of i-chord to which I attached a tassel.
The pattern is simple improvised intarsia -- it was super easy I think it provided a nice effect. Basically, I repeated:
MC1 5 rounds,
CC 1 round,
1 round alternating MC1/CC1,
CC1 1 round,
MC1 6 rounds,
1 round alternating MC1/MC2,
1 round MC1
repeat from begining in reverse with MC2 and CC2.
to switch to new MCs:
knit 1 round of new-MC1,
knit 1 round of old- MC2,
then start over at the beginning with the new colours. (probably you can figure this all out from the picture)
Special bonus: my 'The Life Aquatic' hat knit right before this one (1x1 rib all the way on ranch red woolease) and half an avocado: