Intentional Fair Isle/Shetland Lace Poncho Progress

A long while ago I made some panels of plain stockinette with the knitting machine, with the idea of grafting them together to make an open cardigan that had some Shetland lace and Fair Isle edges.  It was a major design fail, and got bunched up and stuffed away where I couldn't see it.  A long while after that Oogy encouraged me to participate in a Casapinka KAL to make a long rectangle that gets folded into an asymmetrical poncho.  Once I realized how much I loved wearing that, I thought maybe I would dig out the failed open cardigan and see if I could use some portions of it to make a similarly asymmetrical poncho.  That worked very well: 

This gets worn a lot!

Then I decided to design a new poncho, skipping the knitting machine, making half Fair Isle, and the other half Shetland Lace.  

Once the knitting was done, it was time to cut the steek and decide how best to finish the edges.  The next few pictures show the steek as it appeared on the right side, then how it appeared on the wrong side with all the long ends, then with the ends trimmed, and finally as the steek was being cut.

Look closely and you can see back-stitched reinforced edges.

Once the project was flat, I gave it a few soaks.  I used J&S jumper weight yarn from a cone, so it still had the spinning oils.  This made for a rather opaque bath!

I was hoping that the lace would block out to match the size of the Fair Isle portion, but it ended up a bit short, so I'm deciding what to do next...