I'd never used this kind of yarn before, so I looked up some ideas. Most of them that I found were crochet, with a little bit of knit thrown in. I didn't care for most of what I saw, so I tried out a few other things. I'm not crazy about everything I have pictured, but it has a lot of promise!
Since I haven't used it before, I don't know if it's typical that the yarn was folded over a lot while it was being wound. It mostly straightens out easily enough, but there are creases. I haven't tried to find a way to remove them yet.
I can't compare this to other similar yarns, but from my limited experience, it seems great! I'm having a lot of fun trying new things with it.