For Christmas I'm making these little bags from Last-Minute Knitted Gifts. I adapted the pattern to make it on my knitting machine. Not that making them on the machine is easier. It's actually really frustrating. I cast on using the main bed and the ribber as if I was going to knit some ribbing, but I set it up to knit circular. It's a really complicated process. If I do everything right I can make one of these bags in an hour, but I hardly ever do everything right. I put a little muslin bag of lavender in the knitted bag. Voila! Lavender sachet! Now I just have to make ten more of them.
I made this ornament by hand (not machine!) following the directions in Handknit Holidays : Knitting Year-Round for Christmas, Hanukkah, and Winter Solstice. It's a really good book. There are a million things in it I want to make, especially the Over-the-Knee Socks by Cindy Taylor. I've never knit a pair of socks before, so of course the first ones I want to make are form-fitting, over-the-knee length stockings that have eyelet cables running up the back. Easy peasy.
Socks are super fun! They are not nearly as scary as you think. And you've cabled before, so that won't be hard. The heel won't have cabling on it. If it's a short-row heel, it's all in how you wrap your stitches (Nona has a tutorial that is helpful with three kinds of short rows illustrated). If it's a traditional "turned" heel with a flap, it's even easier. You probably don't have to cable the heel anyway.