All in all I am happy with the way it’s turned out. I have day and night sides in this sweater so to say :-) The yarn is perfect for this color wise but a bit too heavy even thought it drapes well. I am tempted to make another version.

2010/09/16 Couldn’t wait until my swatch is dry to measure and start it! Funny enough my gauge on 3.5mm needles is almost the same as on suggested 5mm. The yarn is bamboo so it’s bound to stretch and because of that I am knitting small size which in my gouge means casting on 113stitches.
2010/09/18 Finished the front square and a part of the sleeve. Sleeve width is 38stitches and it seems a bit too narrow. Had to re-knit it with 44 stitches.
2010/09/22 Both squares, and one sleeve in total are done. I am still not sure if the size will be right as I cannot try it on.
2010/09/25 Finished all parts, now sewing it together. I’ll add a bit at the bottom as I think it’s too short. I don’t want to make it bigger as it’s going to be too loose then.
2010/09/29 All finished. I think the bottom part might make it too long but I’ll leave it as is for now.
Pictures will follow shortly.

If I’ll make another one I would cast the sleeves on differently: skipping every 4th row as I would normally do for the side. This will prevent it from getting shorter.