UPDATE 5/2008: I revised this project--the new project is posted on this blog here.
Here are pics of the finished product, the "Two-Tone Ribbed Shrug" from Fitted Knits by Stefanie Japel, page 45. I used merino wool in two different shades of blue, following the pattern mostly, except the sleeves are longer and a little more full than the pattern allows. I want to be able to wear it over short-sleeve shirts.
The front view:
The side view:
and the back view:
I'm okay with the sleeves being a little full because the bodice area is slim-fitting. I wear it all the time. So it passes the "I want to wear it test," which is the only one that matters, really.