Try the Oddball Shawl from frankenknits. See the website for complete directions and photos. What you do is, you roll up big balls, tying together 3-4 yard lengths of lots of yarns, putting the colors and textures together any way you like but keeping the tied ends about the same length. Then you knit a simple bias shawl on a fairly big needle (you can also do a scarf just by making it narrower or, I suppose, an afghan by making it wider) without stopping to run in the ends. You pull the ends to one side of the finished work. The results are warm, soft and beautiful. It's a bit of a funky look, not for everyone, I suppose, but gets a lot of admiration. It's one of those projects that looks a lot more difficult than it is.
(Hi, I'm Lutie. 50-something longtime knitter, attorney, singer, mother of five and stepmother of two. From Chicago, where it finally, really is winter.)