What a great idea. Plus, the rules are adjustable. However, as I read over the rules, I realized I don't need to modify them at all.
Knit From Your Stash 2007: Guidelines for L-B and Wendy
1. The Knit-From-Your-Stash-a-Thon will start January 1, 2007 and run through September 30, 2007 -- a period of nine months.
2. We will not buy any yarn during that period, with the following exceptions:
2.a. Sock yarn does not count. What? You think we are made of stone?
2.b. If someone asks for a specific knitted gift that we really and truly do not have
the yarn for, we may buy yarn to knit that gift.
2.c. If we are knitting something and run out of yarn, we may purchase enough to
complete the project.
2.d. We each get one "Get Out of Jail Free" card -- we are each allowed to fall off the wagon one time.
3. We are allowed to receive gifts of yarn.
4. Trading stash is allowed.
5. Spinning fiber of any sort is exempt.
In response to each rule, I have found the following: first, nine months isn't quite as freaky as a whole year, for some reason, second (a), I don't need to buy sock yarn, because I have more than I know what to do with, but if I somehow make about a score of socks before the Stashathon is over, I'm covered, second (b), I probably won't need to make anyone gifts, but if I do, it's probably all in my stash anyway, so I'm good there too, second (c), I'm the most thankful for this, because I already know I'm going to need more yarn for the shrug, and I am absolutely determined to finish that ASAP, because it's so freaking cool, second (d), I may use this, but hopefully not until the summer (oh, Stitches West, I will resist you!), third, I am sure I will get some yarn as a gift at some point, fourth, I know almost no one well enough to have a stash-trading party or even a basic exchange, so this is moot (I wouldn't know what my fellow Chickies had in their stashes anyway), fifth and lastly, I'm glad to hear fiber of all kinds is exempt, but I will endeavor to be strong, and spin from my extensive stash.