Do you recall the story of the Emporer and his new clothes? I do.
A clever gal on Ravelry created a similar "pattern" and made it available for free on Ravelry today. So far, over 275 Ravelry members have already completd the project. Apparently this is a magically quick knit. If you are looking for a good chuckle, read more about this pattern. Also, I HIGHLY recommend you check out the completed projects and read what folks have to say about this project.
The pattern link is here: