Thanks for your ideas
So, I put down the cardigan for a little bit while I'm figuring out what to do with it and went back to the poncho idea. The version of the poncho that I already finished is not a good thing. I don't think it worked well with the yarn/pattern combination. So, I came across the pattern I got from ChicKnits, the MiniChic Poncho. So I tried my hand at that pattern with the same yarn. So far, it is turning out pretty nice. I think this version will be the winner. But I don't think I want to have the same collar for this particular yarn. It's acrylic bloucle and not exactly what I want up so tight with my face. I think I will try more of a scoopy thing. (Pictures to come...)
If you have more thoughts on the cardigan situation, please let me know!