It was a great thought, when I read about Camp Loopy. I bought the first month's yarn, I found a pattern or two to knit with it. I knitted something, Wendy Johnson's As You Like It Scarf.
It did not take the whole skein. Well, maybe it would have it I would have went with a larger needle. But 3/4 of the way through it, I was anxious to be knitting on my other projects, so it became obvious that I would not make it through all of Camp Loopy.
I've moved back to must knit items. And I'm okay with it and I love my one and only!