Sometimes basic is best! The garter stitch in this shawlette shows off a special skein of yarn (whether it be hand-painted or just a fabulous color) and the knitting is simple enough to be relaxing with enough shaping to keep interest. Large needles make it a quick knit that is great for gifts, and the ornamentation options are endless- tassels? Pompoms? Braids? Baubles? Go nuts!
(Tassel tutorial is not included but there’s a great one here: http://techknitting.blogspot.com/2008/06/how-to-make-tass... )