I knitted a rug for my new bathroom out of t-shirt yarn. I love how it feels under my feet. The pattern is called "Ten Stitch Blanket" by Frankie Brown.
If there's anything I should have lying around, it's scrunchies. Unfortunately, I seem to "distribute" them all over the place, so that I usually don't find any of them. That's why I buy more and more of them - only to discover later that there were some in the pocket of a winter coat or in a bag that I hadn't used for ages.
My current favorite kind of project: yoga socks - this is a really simple pattern, or rather a quick "how to".

This scarf is the ideal spring project for "bi-craftuals" :)