I am in the throes of the same material I got last year!
I will post shortly. However, I have elected to used just 2 yrds to venture into the box-pleated realm, still leaving me enough to do a tank in the future (I bought 7 meters). But then I have bought some maple leaf that needs kilting and I am lusting after some MacLellan.

It is indeed lovely stuff to work with and I think it may spoil you for "merely" 16 oz.

I salute a fellow addict of the same drug, wool.