I have started Lotus Blossom Tank, a pattern from The Best of Interweave Knits: Our Favorite Designs from the First Ten Years .
I am using yarn I bought from my LYS, Slip Knot that I got on sale and couldn't pass up. It is Cliche by Artful Yarns.
I only have 7 skeins of the yarn, and after completing almost 1 repeat, I am a little worried it may not be enough. A Ravelry search for yardage used by other knitters put me at ease a bit, but I am also planning to do the modifications described by Licketyknit, which includes adding lace repeats and length to the stockinette portion.
We will see. I am hoping the switch after Row 9 to smaller needles will eat up less yarn.