Here is another picture, with the project further along:
Clue: Your guesses are getting closer, especially those that think it will be felted. This has been a really fun project. The pattern looks a little difficult but it really wasn't baad. In response to one post, the project measures about 15" across the widest point. Please post your guesses on the original "Contest!" post. Good Luck!
I finished the Woodstock Knits alpaca Leaf Lace Shawl! Pic of this to be posted once I steam it flat. It looks a little weird right now.