Hello Kim,
Funny you should ask this, as it has been in my mind. When I was younger my pleasure was in shaping things: eg. socks or a teddy-bear's sweater knitted on four needles all in one piece. Figuring out where the increases and decreases would go to make the right shape: how to get a big increase suddenly without having to put too much pressure on one link: etc. But more recently my concentration has been pretty much zero, so I've been more inclined to large flat panels... big dull cardies... baby blankets... scarves... that sort of thing.
But then it occurred to me that I'm not really doing the knitting that I want to do. So I've been working on my first pair of socks for years (and struggling with some very odd yarn) and as soon as that is done I'm going to try a moebius scarf with all the weirdness that entails. I've read the pattern about 10 times and I still can't see how it works - can't wait to get started on it. And I've got some lovely yarn which was given to me for my birthday.
So, in short, I've decided to act as though your perfect scenario was true, and who knows, maybe it will be!
Jill