While I do have at least two projects on the knitting needles at the moment (a two year old scarf that needs finishing and a cowl that I just told you about here recently) - my craft of choice here in the beginning of 2010 is crochet.
Have just taught myself crochet here last year - I never quite knew what I was missing. I do love knitting, but it has it's limits. You have to have so many different needles to accomplish projects that have any shape other than flat and straight. For socks you need double pointed needles of various sizes, for hats and sweaters you need various widths and lengths of round needles. It gets to be quite an investment!
But with crochet - you just need the one type of needle in different sizes. And I find it is much faster - I can whip out a hat in an hour instead of 4 hours and I can make good sized baby blanket in about a week instead of a month.
Right now I am working on a fun, beginner friendly cap for a friend at church. Might just have to make one or two for myself when I'm finished! :)
Anyone know of any other good free crochet patterns out there? If so post the link in the comments - I am itching for more ideas! :)