|Picture from Stephen West's blog here.|
I highly recommend following the link and looking at some of the other pictures on his post. (Skip the tutorial if you want and head to the end of the post.) Someone on Ravelry got it right when she said that you have to think of this as performance art, not clothing design.
If that is not enough swants-iness for you, then click here for his swants dance video. (It's shot in Iceland so at least the scenery will be good!)
Where this hits home for me is that I have been looking in the second hand stores for a while for a men's large sweater in silk or cashmere to convert to longjohns--essentially swants. But I was looking long before this post went up. And you can see from this post from 2010 that he isn't the first to think of it. I think he just used the loudest sweaters.
PS: I've heard lots of people say this would be a perfect extension of the classic "ugly Christmas sweater" party. Think about it...