A stole in lace weight yarn which can easily be adjusted to make a narrower scarf (stitch numbers are given). Use any yarn that you like. The gauge given is for the lace weight, but not really important.
I made this for a Lace Knitters Anonymous challenge. Very seldom I enjoyed knitting a piece as much as this one.

2/15/2014: Corrected an error in row 1 of the lace pattern. Please make sure that you have the updated version.