Guess the WIP

Here is my latest WIP. This was taken on Wednesday, so it's grown a bit since then.


Here's a closer view ...


Here are a few hints ...
1) I just finished a sock on size 1's and switched to this project for some "size 8 instant gratification".
2) I'm going to a conference next week and wanted to have a relatively mindless project to bring with me.
3) The yarn is from my stash. It's now discontinued, much to the dismay of many knitters

Know what it is? Take a guess!