One cool, relatively quick and fun pattern is Annie Modesitt's "Hannah's Poncho." It turned out a little different than I expected, but it is really cute on Chicky. I used Cascade 220 superwash, and it is more elastic than the yarn called for in the pattern. The result is less width and swingyness, but as a skirt, who cares?
Right now I'm working on a pattern from Knit 2 Together, a scarf/bonnet deal that looks perfect for one of my friends. I'm also working on Bowen's sweater that I started last winter. I need to finish it before he outgrows the size. Hopefully, it will be finished in the next few days.