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I am very pleased with how it turned out. I did have to learn a new technique, for the color changes so they wouldn't have jogs. I chose the technique that has you slip the first stitch of the new color (on what would be the second round of that color) and for the most part it worked. I can only see one place where it doesn't look seamless.
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My daughter was also pleased and she wore it immediately to a birthday party, then wanted to know if it was out of the laundry yet for school Monday. She also decide that her 100 day collection of 100 things was going to be 100 pieces of yellow and black yarn leftover from her sweater.
But all is not real happy... we had an incident with the panda sweater in which the white yarn felted slightly. And as a result, it is now too short. I was very surprised because a) the yarn is superwash wool (knit picks swish worsted) and b) it was only the white--a color that is notorious for NOT felting. So, since I have extra white, I decided that I'll put off my knitting olympic project and take out the bind off and maybe the ribbing and extend the length of the panda sweater. I know that the yarn won't look the same, and I'm ok with that. I haven't decided if I want to rip back the 1.5 inches of ribbing or just start more ribbing until I get the length I need. I'm leaning toward ripping. It is not too badly felted at the ribbing, and I have enough length to add (would you believe at least 2 inches) that I think that might be best.