Sucess the second time 'round

I wanted to put my new cable skills to good use, and I was on a roll coming up with ribbed toques anyway, so this variation just worked out. I'd also heard that cables make a hat warmer. (BTW: This one's not for me, it's a gift.)
Materials:
1 skein Lamb's Pride Bulky (85% wool, 15% mohair; 114m/125yd, 113g/4oz) in Autumn Harvest
6.5 mm (US 10.5) 16" circs
6.5 mm (US 10.5) DPNs - set of 4
cable needle (optional)
5 place markers*
1 darning needle
*Note about place markers: for me it made sense to have one at the beginning of the round and then before each point of 4 knit sts (just so I didn't get too into the k2p2 groove). If it makes sense for you to have markers at the beginning of each rep, do that instead.
Abreviations:
sts: stitches
PM: place marker
BC2: do a baby cable with the next two sts. You know, switch the order of the sts and then knit 'em. I am not knit-minded enough to explain it any better.
C4: Slip the next two stitches onto a DPN/cable needle and hold behind work. Knit the next two stitches from the left-hand needle, then knit the two stitches from the DPN/cable needle.
Decr: decrease

Cast on 72 sts. PM (different colour/style from the other 4 you'll be using) and join in round.
Round 1: *K2, P2, PM, K4, P2, K2, P2, K2, P2; rep from * till end of round (4 times)
Round 2: *K2, P2, Sl M, K4, P2, K2, P2, K2, P2; rep from * till end of round
Round 3: *BC2, P2, K4, P2, BC2, P2, K2, P2; rep from * till end of round
Round 4: same as round 2
Round 5: same as round 2
Round 6: *BC2, P2, C4, P2, BC2, P2, K2, P2; rep from * till end of round
Rep these 6 rounds until tube measures 8 inches.
Decr round 1: *K2tog, P2, K2tog, K2tog, P2, K2tog, P2, K2tog, P2; rep from * to end of round (4 times) - 52 sts.
Decr round 2 (switch to DPNs when necessary): *K1, P2tog, K2, P2tog, K1, P2tog, K1, P2tog; rep from * to end of round - 36 sts.
Decr round 3: *K1, P1, K2tog, P1, K1, P1, K1, P1; rep from * to end of round - 32 sts.
Next round: *K1, P1; rep from * to end of round
Decr round 4: *K2tog; rep from * to end of round - 16 sts
Decr round 5: *K2tog; rep from * to end of round - 8 sts
Break yarn, leaving a 6" tail. Using the darning needle, thred tail through remaining sts. Pull though centre to inside. Weave in ends.
A li'l bit a' detail:

If you make one, or even think about making one, lemme know.


