This design was actually inspired by another design for Entrelac fingerless mitts. I have shortened it, written it for knitting on 2 circular needles rather than double points, and improved the instructions so it fits better, taking care of the problems I had with the other pattern.
This design works best with yarns that have long color repeats. The model was made using Ty-Dy Socks from Knit One Crochet Too. Other yarns I would recommend are Noro Kureyon Sock, Mini Mochi from Crystal Palace Yarns, Poems Sock by Wisdom Yarns, and Zauberball by Schoppel-Wolle. (I'm curious how it would look using some of the Jacquard yarns, though.)
Click on the following link to download:
I do my best to make these patterns accurate, but even still there might be errors. Please let me know if there are by posting a comment here.
Live long and prosper! \\//
ETA: 4/26/2011 Errors were found in the pattern. Official version now posted.