Some brilliant knitter on Ravelry recently brought up the topic of incorporating rosary beads into a prayer shawl. It's a truly wonderful idea, and is inspiring me to design a cape-style shawl with a rosary of beads around the front edge.
I don't know how long you'll have to wait, tho as I have some knitting commitments to finish up first including a Christmas lace sweater from some lovely Cascade Ecological wool that is so soft I can't wait to get started!