My hair stylist recently brought in a sweater that her sister had knitted for her many moons ago. She's kept it a long time because she really likes the look of the stitches, which is just this pattern sparsely interspersed in a bed of stockinette. I also really like the pattern -- it would be a nice way to add interest to boring stockinette. I took a photo of it so that I could try to reverse engineer it later. Unfortunately, I did not take a photo of the wrong side, which might have been helpful.
Before I try to duplicate it, I figured I should just ask the vast blogosphere to see if anyone has seen it before or can easily figure out how to replicate it.