I chose to knit this lovely little sweater for my nephew this Christmas. I blogged about a version of it before. I love the pattern; it's so simple. You pick up and knit the sleeves and collar, so there is no sewing together of the pieces. I think I was really drawn to the color changing technique in this pattern. It includes several more knit rows than usual, and that is always a plus in my book. (I am way faster at knitting than I am at purling.)
I you are interested in knitting this yourself, it's a pattern from f. pea and you can find it on her blog. And the best part is, I could use all sorts of remnants from the knitting basket to create a complete sweater for the little man. Sometimes, you just get lucky.