Absorba, the Great Bathmat
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One of the big topics on the Mason-Dixon KAL (KAL is knit-along, for you non-knitters) has been the difference between Sugar'n Cream and Peaches & Creme cotton yarns.
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I used four strands of Sugar'n Cream worsted (2.5oz / 120yd / 109m) held together - two strands of Ecru, one of Light Ecru, and one of Cream. I actually bought an 800 yd cone of the Ecru and wound it into two balls. I used US 15 circulars (plastic).
Original pattern gauge: 9 sts + 17 rows = 4"; finished dimensions are 18" x 27".
My gauge: 9.5 sts + 17 rows = 4"; finished dimensions are 18.5" x 24.5".
If I do it with four strands again, I'll probably use US 13's. The plastic needles helped speed things along with the cotton, but they caused me to knit a little loosely. And I might make an extra round of strips to make a larger mat.
I used about 2.5 balls (about 300 yds) of each color to complete this variation of the pattern. The Ecru cone cost about $6 and the regular balls were $1.27 at my store. So I figure this project cost about $13 for me to make. Thirteen dollars! You can't beat that.