Knitting dillemma

I have been knitting a "lace panel pullover" for a couple of months now and the truth is I just don't love it. I love the yarn- Shokay Shambala in Orchid. So that is fiery pink and as soft as the underbelly of a Yak in the Himalaya's. Well that is where the yarn comes from.
But this yarn shows every stitch and I am not in love with this pattern. The increases and decreases show up and I don't think they look nice. Of course I made the required number of right leaning increases and left leaning increases but not necessarily in the right places.
Today I found another pattern which looks like a lot of fun. And this will be so soft and warm and very very pink. I will have yarn leftover but whatever! I can make super warm, very soft (is there any better kind) and very pink hats for years to come.
I think this yarn will substitute well, it will be easier to knit, even if I have to take out the bobbles which I am not particularly fond of, and as such will have to make a mental pattern adjustment as I knit this. I am too lazy to rewrite the pattern to adjust for this and it is mostly in chart form so I am doomed to rip this out a couple of times at least.
This shawl/cardigan/wrap will work well with my plans to keep the house cold this winter to save energy/the planet/money. It will be easier and yet still fun to knit.
But seriously, do I rip out the whole back and the three quarters of the front I have finished (for the third time) to start on something new? It will still not be mindless parent education class knitting, but I may be able to knit it during DWTS.
I need to find a good mindless knitting project for class, board meetings and fall television.
I really have serious dillema's which prevent me from getting much work done.