Second panel is finished. I bound off on the train last night. It's just the right size, too. I casted on and started the swatch for the stockinette panel. I may re-do it; my first purl row is all wrong. And gauge is looking awfully tight. I'd hate to have to re-graph my letters, but it's looking like I might. I've decided on doing each letter a different color. So far, I've picked pink, orange, forest green, royal blue and bright, bright red. I reserve the right to change my mind. Anyway I'm still making progress.