This pattern intrigues me. There's another version here. The basic idea is that you increase by knitting into the front and the back every other row, 4 or 5 stitches in from the end of the row. Once you are halfway there, you decrease by K2Tog in the same place, making a triangle shawl - no biggy.
What's intriguing is that at the last 7 or 8 stitches, you slip one, k2tog, bind off these stitches and then UNRAVEL all around to create the fringe.
So I guess the increase/decrease stitches create a stabilizing knot in the fabric, which allows unravelling up to that point, but not beyond? (scratching head.) I just never thought of them that way before.
A student brought some pricey yarn to class with the pattern from K1C2. I was nervous that it wouldn't work, so we tried it with some acrylic, and sure enough, it worked. So off she went!
I've got two skeins of Brooks Farm that has been sitting around for over a year now. Snowstorm's coming, maybe I'll give it a try....

