I've made this capelet for so many of my friends.  It feels amazing (love mohair/silk!) and is a great summer evening coverup.  I also wear mine as a cowl on colder days.

The project works up quickly, knit in the round using just 2 balls of Knit One, Crochet, Too's Douceur et Soie or Rowan's Kidsilk Haze, and uses a simple yarn-over pattern for interest.

Doesn't my future SIL make the best model? :)