There's a Simplicity 2603 Cardi Sew Along at PatternReview.com that I decided to join. This is for a DKNY Cozy knock-off.
Here is a picture of the DKNY Cozy from their website:
I have a black rayon jersey that'll be perfect for this. Now I just need wash the fabric and cut-out the pattern... this is so exciting! The sweater is $195, and I spent <$35 for the fabric and pattern. :)