For March 2012, the theme is Femme Fatale, which is awesome.
Here is my paraphrase of Wikipedia's definition of Femme Fatale:
A seductive enchantress using irresistible desire to lead victims
into compromising, dangerous, even deadly situations.
My translation of that into yarn?
I imagine slinky, fine threads of rich jewel tones that seduce the yarn lover with their luster and drape. It entices a knitter to the depravity of lace knitting, its beauty blinding them to the dangerous footing of p3tog and centered double decreases.
I plan to accomplish my Mata Hari of yarns using handpainted BFL-silk blend top that has shimmering colors of red, eggplant, and dark teal. I will use worsted drafting to create smooth, shiny singles that will hopefully end up as a gorgeous skein of 2-ply laceweight yarn.