Just to prove that I am, in fact, knitting a lace shawl--successfully!--here are some crummy progress pictures. I took them indoors, at night, with my point and shoot, and this is the best I could manage. You'll have to take my word for it that the yarn and beads are so much prettier than this in person.
I'm about halfway through the second clue and working on my second skein of gradience dyed yarn. These pictures don't show the gradual color change that is starting to happen. This is a much better picture of the yarn:
I started with the blue yarn on the far right and I'm working toward the green on the left. The structure of this shawl is odd (to me). The cast on consists of the two short legs of the triangle (which will become the bottom of the shawl), and steady decreasing at both the middle and the edges draws the edges steadily together to create a triangle as the work progresses upward toward the long, straight edge at the top.
Here you can mostly see the beads. It's not nearly as difficult as I imagined to knit with beads, but it is time-consuming. It's also really, really fun! They're like sparkly little stitch markers you don't take out.
I definitely foresee more beads in my future...and maybe even some more lace, too.