It was knit on circular needles and was the first project I had knitted this way. Knitting on circular needles is not as difficult as I thought it would be and it was good fun seeing people's reactions to it (mostly confusion but one friendly lady started chatting to me about it while we were waiting for a train together).
Here is the finished cowl:
Here is a close-up of the textures:
It is knitting up quite quickly although I know I have a long way to go. Hopefully 2013 will bring a lot of fun new projects.