Last year my knitterly and crocheterly girlfriends gave me a gift cert. to our favorite LYS. Of course I went nuts and just bought yarn that I had been eyeing, without a specific project in mind.
Now I am starting to get into lace projects (only been knitting about 2 years), and I'd love to hear suggestions of what I can do with 800 yards of laceweight.
Eunny's Print O' the Wave takes about 800 yard of laceweight. Free download (.PDF) from her website -- sidebar on the right. http://www.eunnyjang.com/knit/