I just finished the Pleated Elliptical Cardigan. My yarn is Elsebeth Lavold Silky Wool. It's knit at a looser gauge than the recommended gauge for the yarn to give the sweater a really nice drape. The sweater is a bed jacket style, with a modern curved hem. It's quite long in the back -- I could have made it an inch shorter all around and it would have been fine. The fit is really loose and I didn't like it when I first tried it on, but then I discovered what wonders a shawl pin can do.
I didn't really make any size modifications but I decided to eliminate the front pleats at the last minute and just gather the stitches. I thought that the front pleats might poke out too much at the bust line for my particular body type. The gathers aren't really visible, but the fronts have a smooth drape as a result. I kept the back pleat. I used a crochet hook and added a row of slip stitches around the back and shoulders neckline to keep it tighter and prevent stretching. The sweater has an interesting saddle shoulder construction but I'm hoping the shoulders won't stretch too much with wear because there's no sturdy seam to keep everything held in place. Overall, I'm pleased with how this turned out.