12/10:
Round 41 should read K2Tog, K4, P4, K2, (P1, K1) twice, P1, K2, P4.
Round 45 should read K4, P2tog, P2tog, P1, K2, P1, K2, P2tog, P2tog, P1

10/26: Version 3 updated! More corrections, and a CHART!
10/25: Version 2 of pattern uploaded with corrections.

Molly is a tam with a slight slouch and a rolled brim, featuring a traditional diamond-and-bobble pattern and braided cables adapted from a stitch pattern in ‘50 Fabulous Knit Aran Stitches’.

(Also, I’m aware that Merino Style is marked as a DK by Knit Picks. It’s not -- it’s as thick or thicker than any of the worsteds in my stash.)