update Sept 2010
After washing, the sleeves grew a bit, but was still ok to use. It was my fave cosy sweater for the whole winter, although it pilled a bit.
After the wettest short trip to Hardangervidda (I was walking for hours wearing a soaking wet sweater inside the rain coat), the sleeves grew totally out of porportions, so at last, I frogged the extra cable loop and thus shortened the sleeves. I did I-cord castoff. GOOD AS NEW, and still the cosiest sweater ever!!!
Last pic shows how it looks today:)

My plan is to first make this sweater as it is and then do a ‘Baby spider and big ones too’ using Terry Knights spiders pattern. How realistic that is (knitting 2 sweaters and me MODIFYING sweaters I mean), I dunno, we’ll see.

The cables are so much fun! Very easy and well-written pattern, especially the yoke instructions are excellent! Thumbs up so far!

My gauge seems to be 20 st per 10 cm and the sweater is a little too big even though I am knitting the small version, but actually I like it this way.

Thanks to westknits’ mods I made the neckline smaller. God this project was so fun!

Personal Mod notes
Used purlwise bindoff all the way.

Body: did first 3 decreases about every 6 rounds and then the last 3 every 7 rounds.
Knit 21 rounds before increasing.
Increase 2 times every 11 rounds.

Sleeves: Picked up underarm sts (8) as written but did the decreases like following:
Knit 1 round
Start to decrease every 7 rounds total 3 times. After that, decrease every 11 rounds 2 times.
Start cable pattern after round 33 as stated.
Increase 2 times (round 52 and 60 in cable pattern)
Made the last cable-twist the same size as the second last (due to too long sleeves, did a couple of versions before I got satisfied as you can see in one of the pics)

Neck did the same mods as westknits but before joining round I knitted the picked up sts and the back once (sort of a short row at the back you may say). Casted the off at once, purlwise, because I didn’t want a roll-up edge.