I started on the left front on Saturday and finished it Sunday night; I'm making slower progress on the right front now that the week has started, but I'm done the increasing on the right arm. Here's where I was Sunday morning (the light is too bad to take a photo now).
Things are progressing just fine. The m1, k31 sequences were constantly tripping me up--I'd come to the end of the row and be off by a stitch, only to discover I'd only knit 30 stitches betwen making ones earlier in the row. Such a long repeat was too much for me! :)
In general, though, the knitting is going fine (and fast). I'm hoping that with blocking the M1s won't look quite so obvious--their scattered appearance seems a little . . . too random for me right now. I'm also a little concerned by what Kate posted earlier--I want the piece to hang the way it does on the model! We'll see how it all turns out. I'll continue to muse on it and post more updates on my blog.
(I'm making it out of Knit Picks Wool of the Andes in Fern; I'm making the 33.5 size on US 7s.)