I have been participating in Ravelympics 2008, on two teams. I am spinning 4 oz. of a lovely purple merino in the Handspun Heptathalon event, for Team Splurk (spinning + Plurk). I am also trying to finish Lorelei's log cabin blankie that I started . . . umm, five years ago. That is in the WIP Wrestling event, for Team Red Sox Nation. For those of you non-knitters, WIP stands for "work in progress."
Also for those of you who don't know, Plurk is a great time-waster. It is like Twitter, only better. At least that's the consensus of what I have seen from people who use both. Of course, now that school has started I haven't had time to Plurk much.