How about a hat and use the handspun for the brim? Or, depending on the colors, you could make a flower or animal or something and turn it into a broach (and now Airplane is running through my head)
"Choose your friends by their character and your socks by their color. Choosing your socks by their character makes no sense, and choosing your friends by their color is unthinkable." http://RoseByAny.BlogSpot.Com
I came up with 44 yards of 2 ply after a dye party. I dyed a cow pattie of romney, spun it and plyed it with the undyed romney. I hate hats so that is out. The only thing I could come up with is splitting it evenly into two balls and using it for mitten or glove cuffs. Body of mittens or gloves knit from the undyed romney as contrast.