Okay, so I began this cowl with the idea that it would be more roundish, but I ended up really loving the V-shape, especially when I embellished the bottom (close-up pictures later). I also love the way this yarn knits, drapes, and feels, and this pattern ended up being a good statement piece. If, you know, you're trying to say, "I like to knit V-neck cowls."
Yarn: Cascade Yarns Ultra Pima (100% Pima Cotton; 220 yards [200 meters]/100 grams); #3705 Heathered Pansy - one skein
Needles: Straight or longish circular needle(s) in size 6 and two double-pointed needles (dpns), also in size 6 (or 5, or whatever's close that you've got hanging around).
Notions: Tapestry needle and stitch marker
Notions for optional embellishment: enough beads to do what you want to do, a needle small enough to fit through their little holes, and thread in a color that works with your piece
Gauge: 22 stitches = 4 inches in stockinette
Okay, so let's get started! First, cast on 162 stitches. Next, knit one set-up row (this will be the wrong side of your piece), placing your marker after 81 stitches. And now it's time to begin the pattern, which goes as follows: